Chinese Oil Majors Signs Deal to Acquire Stakes in Arctic LNG 2 Project from Novatek

Posted on 04/25/2019


JSC Novatek is major Russian natural gas producer. Novatek signed binding agreements on the conditions to sell a 20% stake in its second Arctic gas liquefaction natural gas project to Chinese partners. A 10% stake in the project would go to between China National Oil and Gas Exploration and Development Corporation, and the other 10% […]