LNG

Novatek, the Russian natural gas producer and LNG project operator and developer, reported first-quarter 2021 preliminary operating results showing that hydrocarbon production totalled 158.1 million barrels of oil equivalent.

Royal Dutch Shell formally told Russian natural gas company Gazprom recently that it would not be taking part in the proposed Baltic LNG export project planned for near the port of Ust-Luga because of changes in the format.