Novatek closes Arctic LNG 2 transaction

Capt. John

Russian natural gas producer PAO Novatek announced the closing of the sale of participation interests in Arctic LNG 2 Project to wholly-owned subsidiary of China National Petroleum Corporation (CNPC), wholly-owned subsidiary of CNOOC Ltd. (CNOOC), and the consortium of Mitsui & Co and Japan Oil, Gas and Metals National Corporation (Japan Arctic LNG).

We now have formed the structure of the Project’s participants by successfully closing the sale of interests in Arctic LNG 2. The target level of...

https://safety4sea.com/novatek-closes-arctic-lng-2-transaction/

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