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
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
Comments