Russia's Novatek wants to sell LNG from Arctic LNG-2 to India

  • Reuters
  • Commodities News
Russia's Novatek wants to sell LNG from Arctic LNG-2 to India

MOSCOW, Aug 12 (Reuters) - Russia's Novatek NVTK.MM is interested in supplying liquefied natural gas (LNG) from its Arctic LNG-2 project to Indian companies, Russian Deputy Energy Minister Anton Inyutsyn was quoted as saying by the ministry's website on Monday.

Novatek plans to start producing LNG at Arctic LNG-2 in 2022-2023.

The plant, which is expected to cost around $25.5 billion, will have an annual production capacity of 19.8 million tonnes.

Novatek plans to retain a 60 percent stake in the project.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles