Novatek, Saudi Aramco near Arctic LNG 2 project deal
Novatek has discussed the Arctic LNG 2 project with Saudi oil minister Khalid al-Falih and a deal could be expected soon, Leonid Mikhelson, chief executive of Russian gas giant Novatek, said.
“We are in talks with Saudi Aramco (on the Arctic LNG 2 project). I think we will get something concrete in coming months,” Mikhelson said, adding that he did not expect global liquefied natural gas (LNG) prices to change after the project’s launch.
Speaking on the sidelines of a meeting of OPEC members and other major oil exporters in Baku, Mikhelson also said that the so-called ‘gas OPEC’ - a loose organization of global leading producers of natural gas - would strengthen on the global energy markets.
Reporting by Vladimir Soldatkin; Writing by Polina Ivanova, Editing by William Maclean
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- Qatar’s Ras Laffan LNG hub hit by missile attack, ‘extensive damage’ reported
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years
Comments