Novatek and Severgroup sign cooperation memorandum
Published by Will Owen,
Editor
LNG Industry,
As part of the Saint-Petersburg International Economic Forum, Pao Novatek and OOO Severgroup have signed a memorandum on strategic partnership and cooperation.
According to the memorandum, the parties intend to cooperate on supplying materials and equipment for Novatek’s projects, including equipment for gas liquefaction trains. The document contains the basic principles of long-term cooperation, including the reservation of production capacities to ensure timely supplies.
“Our development strategy involves implementing large scale LNG projects in the Arctic region with the participation of Russian equipment and materials manufacturers,” noted Leonid Mikhelson, Novatek’s Chairman of the Management Board. “The Memorandum expands our mutually beneficial cooperation with Severgroup, contributing to the development of technologies for the LNG industry in Russia”.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07062019/novatek-and-severgroup-sign-cooperation-memorandum/
You might also like
Reliable Processing Power – The 27 MW MRC from Atlas Copco Gas and Process
The 27 MW MRC from Atlas Copco Gas and Process is designed to achieve 99.8% reliability and 84% overall compressor efficiency. The 27 MW MRC is the world’s largest integrally geared MRC, with the smallest footprint.