Novatek-Linde LNG accord

Written by  John McKay
Friday, 17 June 2016
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June 16 (LNGJ) - Yamal LNG project developer and natural gas and energy company Novatek of Russia and German liquefaction and processing equipment maker Linde AG have signed a partnership and cooperation agreement. The accord aims to facilitate cooperation in the construction of process modules and the sourcing of equipment in Russia. “The signed agreement will create a favourable environment for consolidating cutting-edge LNG technologies in Russia, give impetus to setting up new industrial capacities and help optimize capital expenditure on LNG projects,” said Novatek Chairman Leonid V. Mikhelson.

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