As part of the Saint-Petersburg International Economic Forum, Pao Novatek has announced that it has signed the share purchase agreement with a wholly owned subsidiary of China National Petroleum Corporation (CNPC).
The share purchase agreement is in relation to the sale of a 10% participation interest in the Arctic LNG 2 project.
The agreement will close in the nearest future subject to approval by regulatory authorities of the Russian Federation and the People’s Republic of China.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/10062019/novatek-and-cnpc-sign-arctic-lng-2-agreement/
You might also like
OMV has announced the signing of a long-term sale and purchase agreement with Cheniere Energy, Inc., covering the supply of up to 850 000 tpy of LNG beginning in late 2029.