Novatek and Marubeni sign MoU
Published by David Rowlands,
Editor
LNG Industry,
Under the MoU, both parties intend to pursue opportunities for strategic cooperation in the upstream and midstream Novatek Arctic LNG 2 project in Russia. Both companies will also cooperate in the supply of LNG, shipping arrangements, gas related infrastructure projects, and transaction of other liquid hydrocarbons.
Leonid Mikhelson, the Chairman of Novatek’s management board, said: “We see strong interest of Japanese companies wanting to participate in Novatek’s projects. Our joint implementation of projects aimed at monetising the prolific hydrocarbon resources of the Russian Arctic will ensure their economic efficiency and competitive advantages on the global LNG market. We are sure that cooperation with Marubeni Corp. along the whole value chain from production to marketing of LNG will be mutually beneficial for both our companies.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/16122016/novatek-and-marubeni-sign-mou/
You might also like
IRH, Delfin LNG, and Vitol sign 20-year LNG SPA
International Resources Holding RSC Ltd has signed a 20-year heads of agreement with Delfin LNG LLC and Vitol Inc. for the purchase and sale of 1 million tpy of LNG from Delfin’s export facility in the US.