Novatek wins new block for Arctic LNG 1

Russian independent says possible resources estimated at 1.2 trillion cubic metres of gas and about 550 million barrels of condensate and oil

Auction: Novatek chairman Leonid Mikhelson — Auction: Novatek chairman Leonid MikhelsonPhoto: REUTERS/SCANPIX

Vladimir Afanasiev

Moscow

Russia Gydan Peninsula Novatek Gazprom Arctic LNG 1

Published 30 December 2019, 13:39Updated 30 December 2019, 13:39