Both organisations are actively involved in promoting the widespread adoption of LNG as a fuel for marine transportation. Novatek Gas & Power is a wholly owned trading subsidiary of Novatek.
Leonid Mikhelson, the Chairman of Novatek’s Management Board, said: “The recent adoption of stricter emission standards for marine transportation by 2020 is consistent with our strategy for entering into new prospective LNG market segments including bunkering. Global environmental requirements create the basis for transiting global fleet toward cleaner types of fuels. We are confident that more shipping companies will opt for LNG to meet these stricter requirements, and we are ready to facilitate the LNG bunkering market and infrastructure development.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/14072017/novatek-joins-sgmf-and-sealng/