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Novatek and Saudi Aramco to agree deal on Artic LNG 2

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According to Reuters, the CEO of Novatek, Leonid Mikhelson, has announced that a deal with Saudi Aramco regarding the Arctic LNG 2 project can be expected soon.

“We are in talks with Saudi Aramco. I think we will get something concrete in coming months,” Mikhelson said.

Mikhelson has been reported as stating that he did not expect global LNG prices to be affected by the project’s launch. He also voiced the expectation that the gas OPEC would strengthen on the global energy markets.

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