During the 19th International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, Novatek Gas & Power Asia, a trading subsidiary of PAO Novatek (Novatek ) and Vitol S.A. (Vitol) announced the signing of Heads of Agreement for the supply of LNG.
The agreement ensures a 15-year contract with annual supply of one million tons of LNG from the Arctic LNG 2 project as well as other Novatek’s projects.
The LNG will be shipped on FOB basis to Novatek’s transshipment terminals in the...
https://safety4sea.com/novatek-vitol-ink-agreement-for-lng-supply-from-arctic-lng-2/
