Published by
Callum O'Reilly,
Senior Editor
LNG Industry,
Novatek and Eni have signed a Memorandum of Understanding (MoU), which will pave the way for future co-operation between the two companies.
The move confirms the intention of Novatek and Eni to jointly participate in future offshore projects in the Mediterranean Sea.
The MoU was signed in the presence of the Russian President, Vladimir Putin, and Italy’s Prime Minister, Enrico Letta.
Adapted from press release by Callum O'ReillyGas Natural Fenosa signs long term supply deal with Yamal LNG, which will see the former receive up to 3.2 billion m3 of LNG annually as of 2020.
Output at Angola’s LNG project will fall short of design capacity due to a number of upstream problems including a rig disaster.
Cyprus builds LNG plant in a bid to be an energy hub in the Southeast Mediterranean.
Total has agreed to participate in the Shtokman LNG project and acquire shares in Novatek.