Russia's Novatek delays investment decision on Obsky LNG plant
4/30/2020
Russian gas producer Novatek said it would delay a final investment decision on its Obsky liquefied natural gas (LNG) plant, but said its Yamal LNG and Arctic LNG-2 projects were being carried out as planned.
Novatek said it expected no major impact to its operations from the coronavirus crisis and that its priority was to increase dividend payments. (Reporting by Vladimir Soldatkin; Writing by Alexander Marrow; Editing by Mark Potter)
Sign up to Receive Our Newsletter
- ADNOC Gas awards $2.1 B in contracts to enhance LNG supply infrastructure
- U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
Comments