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Russia's Novatek, S.Korea's Kogas Sign LNG Agreement

Posted by June 22, 2018

Russian energy company Novatek (NVTK.ME) and South Korea's state-run Korea Gas Corp (KOGAS) signed an agreement on liquefied natural gas (LNG) cooperation after talks between Russian President Vladimir Putin and his South Korean counterpart, Moon Jae-in, on Friday.

After the signing of the agreement, Putin said South Korean firms may join Novatek's Arctic LNG project. 

Reporting by Denis Pinchuk and Polina Nikolskaya; Writing by Tom Balmforth

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