Russia's Novatek Signs LNG Supply Contract with Engie

Russia's second-largest natural gas producer Novatek (NVTK.ME) said on Tuesday it had signed a long-term contract with French gas and power group Engie, formerly called GDF Suez, on supplying liquefied natural gas (LNG) from its Arctic Yamal LNG project.

The 23-year contract stipulates an annual supply of 1 million tonnes of LNG, Novatek said in a statement.

(Reporting by Polina Devitt)