Feb 7 (LNGJ) - Russian natural gas and energy company Novatek, the operator of the Yamal LNG export plant and developer of the Arctic LNG II project, has signed a non-binding memorandum of understanding to supply LNG to Indian company Deepak Fertilisers and Petrochemicals Corp. Novatek said the accord with Deepak was signed at the Indian Energy Week conference and exhibition taking place in Bangalore.
“The MoU envisages spot and long-term LNG deliveries to Deepak Fertilisers, including from the Arctic LNG 2 project,” said Novatek. “Mutually beneficial energy cooperation between our countries is actively developing,” added the Russian company. “The high-quality low-cost resource base as well as advanced process and logistical solutions will allow Novatek to supply competitive LNG with minimal carbon footprint,” stated Novatek.
