Skip to main content

Novatek and Saudi Aramco to agree deal on Artic LNG 2

Published by
LNG Industry,

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.

Read the article online at:

You might also like


[WEBINAR] Why Risk-Adjusted Project Forecasting Is Becoming the New Norm

This webinar will walk the audience through a methodology for developing risk-adjusted plans, leveraging remote collaboration techniques for disparate and socially distanced teams. This next-generation risk management approach is already proving itself on numerous oil and gas CAPEX projects. Find out why InEight expects the trend of risk-adjusted scheduling adoption to continue. Register for free today »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

LNG project news Current LNG projects


LNG Industry is not responsible for the content of external internet sites.