NOVATEK Creates a Joint Venture in China with Sinopec and Gazprombank
Today, during the official visit of the President of the People’s Republic of China Xi Jinping to the Russian Federation, PAO NOVATEK (“NOVATEK” and/or the “Company”), Sinopec and Gazprombank signed Heads of Agreement (“Agreement”) on establishing a joint venture to market LNG and natural gas to end-customers in the People’s …
Russia Offers Saudis A Part In Arctic LNG Project
Russia has extended an invitation to Saudi Arabia’s oil giant Saudi Aramco to participate in the Arctic LNG-2 project, Russia’s Energy Minister Alexander Novak told Reuters in an interview on Thursday. Cooperation between the two countries that are leading respectively the OPEC and non-OPEC nations into the collective crude oil production cut …