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
- 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