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Novatek Eyes Saudi Aramco as a Partner in Arctic LNG-2

Posted by February 22, 2018

Photo: Novatek

Novatek is interested in Saudi Aramco joining the Arctic LNG-2 plant as a partner, the Russian gas producer's chief executive Leonid Mikhelson said on Thursday.


Novatek (NVTK.ME), Russia's largest non-state natural gas producer, and Saudi Aramco signed a memorandum on cooperation last week.


The LNG-2 project aims to start producing liquefied natural gas from 2022-2023.

 

Reporting by Vladimir Soldatkin and Oksana Kobzeva; Writing by Denis Pinchuk

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