Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry

JBIC says considering financing Novatek's Arctic LNG-2 project

VLADIVOSTOK, Russia (Reuters) — The Japan Bank for International Cooperation is studying the possibility of providing financing for Arctic LNG 2, the second LNG plant of Russia’s Novatek, JBIC Chief Executive Tadashi Maeda told reporters.

JBIC has already provided $238 MM for Yamal LNG, Novatek’s first LNG plant and which is to be launched this year.

Asked about the possibility of providing financing for Novatek’s second plant, Maeda said participation of Japanese companies—direct or in the form of LNG buyers from the project—would be a condition.

“It’s conditional of Japanese companies’ participation in the project,” Maeda said. He added that the bank would not provide financing if there were no Japanese companies involved.

Reporting by Katya Golubkova; Editing by Chris Gallagher

Copyright © 2016. All market data is provided by Barchart Market Data Solutions. Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  Cmegroupicon                                     Icelogo


Business trends
-Adrienne Blume
The small-scale GTL (SSGTL) and small-scale LNG (SSLNG) sectors are gaining ground, providing alternative sources of power generation and transportation fuel in remote regions and areas not connected to major gas pipeline routes.
Editorial comment
-Adrienne Blume
Gas Processing and Hydrocarbon Processing are pleased to announce that as of August 2017, Gas Processing will be distributed along with both Pipeline & Gas Journal and Hydrocarbon Processing.
Regional focus
-Eugene Gerden
Novatek, Russia’s largest independent natural gas producer, plans to invest up to $11 B in the large-scale Arctic LNG 2 project. The project involves the construction of an LNG plant on the Gydan Peninsula—a geographical feature of the Siberian coast of the Kara Sea.


View on Demand

Shell Global Solutions International BV (Shell) is launching the improved process technology ADIP ULTRA, for cost-effective removal of CO2 down to <50ppmv. The ADIP ULTRA process is applicable in gas plants, LNG, pre-NGL, refinery HMUs and gasification syngas.
Why attend?
•Discover how looking back at decades of ADIP and ADIP-X operational experience has led to the cost effective ADIP ULTRA process
•Understand how Shell’s new absorption column internals can further enhance process performance
•Learn how Shell is a reliable partner of choice who helps you get the most out of your unit
•An opportunity to ask questions to Shell’s technical experts

May 9, 2017 9am UTC

View on Demand


Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Gulf Publishing Company.