Novatek nears deal to sell another 10 pct stake in Arctic LNG 2
4/26/2019
Russia’s largest independent gas producer Novatek said the company was at a final stage of talks to sell another 10 percent stake in its new liquefied natural gas project, Arctic LNG 2.
Novatek did not disclose the potential buyer.
The company announced on Thursday the sale of 20 percent of the project to two Chinese companies, and earlier this year the company agreed to sell 10 percent to France’s Total . (Reporting by Olesya Astakhova and Maria Grabar. Writing by Andrey Kuzmin; Editing by David Evans)
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