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Sinopec to help sell LNG in China

Russia’s Novatek, state-run lender Gazprombank and China Petrochemical Corp (Sinopec Group) have agreed to set up a joint venture to market natural and liquefied natural gas (LNG) in China, Novatek said.

The agreement, which aims to help sell LNG produced by Novatek in the Arctic, was signed following talks in Moscow between Russian President Vladimir Putin and Chinese President Xi Jinping. (Reporting by Vladimir Soldatkin; writing by Maria Kiselyova; editing by Tom Balmforth)

 


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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The continued expansion of natural gas trade is led primarily by growth in the LNG sector, which has tripled over the past 3 yr.
Industry Focus: The future of gas-to-power projects in Africa
-Shem Oirere
Natural gas is expected to play a central role in supporting Africa’s drive to achieve electricity connection for nearly 600 MM people without access to the grid, to reduce widespread reliance on coal for power generation, and to fast-track the continent’s slowed industrial expansion.
Regional Focus: Gazprom faces challenges for combined LNG/processing plant in Baltics
-Eugene Gerden
Russia’s largest natural gas producer, Gazprom, aims to build a giant project on the Russian Baltic seaport of Ust-Luga. The plans include the construction of a combined LNG and gas processing plant.


Environmental Considerations for Gas Pipeline Construction in Sensitive Areas

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