LNG

Novatek, the Russian natural gas company and operator of the Yamal LNG export plant in northern Siberia, has completed the sale of participating interests in its Arctic LNG II project in the Gydan Peninsula to Japanese and Chinese investors.

French energy major Total has signed agreements with Russian natural gas company Novatek, operator of the Yamal LNG export plant, for the acquisition of a direct 10 percent stake in the Arctic LNG II joint venture proposed by Novatek for Russia’s Gydan Peninsula.