Novatek ships first LNG cargo
Published by David Rowlands,
Editor
LNG Industry,
Novatek has released a statement claiming that its wholly owned trading subsidiary – Novatek Gas & Power – has successfully shipped its first ever LNG cargo. This signifies the company’s entry in the global LNG market.
The cargo was sourced from the Trinidad and Tobago LNG facility and shipped to port Quintero, Chile.
Lev Feodosyev, Deputy Chairman of Management Board – Commercial Director of Novatek, said: “This first LNG cargo is an important milestone for Novatek to enter the global LNG market. After the launch of the first train of the Yamal LNG project we will enter the LNG market with our own volumes, and gaining spot trading experience is important for us”.
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/lng-shipping/07072016/novatek-ships-first-lng-cargo-2715/
You might also like
Woodside signs LNG supply agreements with Uniper
Woodside has signed LNG sale and purchase agreements with Uniper for the supply of 1 million tpy from Louisiana LNG LLC and up to 1 million tpy from its global portfolio.
