Russia's Novatek Signs LNG Agreement with Japan's JOGMEC

Posted by Michelle Howard
Monday, September 10, 2018

Russia's Novatek said on Monday it had signed a framework agreement with Japan Oil, Gas and Metals National Corp (JOGMEC) to cooperate on Novatek's liquefied natural gas (LNG) projects in the north of Russia.

"The parties agreed to explore opportunities to cooperate on Novatek's projects in the Yamal and Gydan peninsulas, including the Arctic LNG 2 project, on developing a regular transport link via the Northern Sea Route for LNG deliveries to the Japanese and Asia-Pacific markets," the statement said.

Novatek controls the Yamal LNG project, in which France's Total along with China's CNPC and the Silk Road Fund are minority shareholders.

Russian and Japanese companies signed a portfolio of agreements on the sidelines of a forum in Russia's far eastern city of Vladivostok on Monday.

Reporting by Denis Pinchuk and Vladimir Soldatkin; writing by Polina Devitt

Categories: Contracts LNG

Related Stories

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Malaysia's Petronas Plans Job Cuts

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Kuwaiti Oil and Gas Firm Exploring More Opportunities in Indonesia's Natuna Sea

Petronas Awards PSCs for Nine Fields and One Exploration Block off Malaysia

Driven by Oil & Gas, Norway Wealth Fund Approachs $2 Trillion

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

TVO Selects Collins to Head Australian Ops

QatarEnergy Signs Deal with Shell for Long-Term LNG Supply to China

Current News

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com