This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/516531-russia-lng-supplies-china/
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Russia inks long-term deal to supply China with liquefied natural gas from Arctic | Russia inks long-term deal to supply China with liquefied natural gas from Arctic |
| (6 months later) | |
| Russia’s largest independent gas producer, Novatek, has signed a long-term contract with a Chinese partner as it aims to expand its presence in the fast-growing Asian-Pacific region. | Russia’s largest independent gas producer, Novatek, has signed a long-term contract with a Chinese partner as it aims to expand its presence in the fast-growing Asian-Pacific region. |
| The deal with Shenergy Group will see Novatek deliver over three million tons of liquefied natural gas (LNG) to terminals in China over 15 years, Novatek announced on Thursday. | The deal with Shenergy Group will see Novatek deliver over three million tons of liquefied natural gas (LNG) to terminals in China over 15 years, Novatek announced on Thursday. |
| “Our LNG commercial strategy is to diversify our client base and target end consumers in the fast-growing Asian Pacific region,” the head of Novatek, Leonid Mikhelson, said in a statement. “The Chinese market is one of the key regions in our LNG marketing strategy, and we plan to further increase our supplies of liquefied natural gas to this country.” | “Our LNG commercial strategy is to diversify our client base and target end consumers in the fast-growing Asian Pacific region,” the head of Novatek, Leonid Mikhelson, said in a statement. “The Chinese market is one of the key regions in our LNG marketing strategy, and we plan to further increase our supplies of liquefied natural gas to this country.” |
| Arctic LNG 2 is Novatek’s second large-scale LNG project in Russia’s Arctic. It includes the construction of three LNG liquefaction trains, which will have a total annual capacity of 19.8 million tons. The project has attracted several foreign investors, including Chinese companies CNOOC and CNPC, France’s Total and a consortium of Japan’s Mitsui and Jogmec, which each have a 10 percent share in the project. | Arctic LNG 2 is Novatek’s second large-scale LNG project in Russia’s Arctic. It includes the construction of three LNG liquefaction trains, which will have a total annual capacity of 19.8 million tons. The project has attracted several foreign investors, including Chinese companies CNOOC and CNPC, France’s Total and a consortium of Japan’s Mitsui and Jogmec, which each have a 10 percent share in the project. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
| Dear readers and commenters, | |
| We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | |
| Sorry for the inconvenience, and looking forward to your future comments, | |
| RT Team. |