Russian independent Novatek has agreed a new deal that will see it achieve its aim of selling a 40% interest in its Arctic LNG 2 project in West Siberia to international companies.
Under the latest agreement confirmed early this week a consortium of Japan’s Mitsui and Japan Oil, Gas & Metals National Corporation (Jogmec) will buy a 10% shareholding in the liquefied natural gas project from Novatek.
