RUSSIAN LNG FOR GERMANY
PLATTS - Russian independent gas producer Novatek and Belgium's Fluxys Wednesday signed a land lease agreement with the port of Rostock in Germany for construction of a mid-scale LNG transshipment terminal.
Novatek will hold 49% and Fluxys 51% in the joint venture, which plans to build and operate a 300,000-mt-a-year terminal for receiving and unloading mid-scale LNG carriers, keeping LNG in storage, and providing downstream LNG distribution services.
"Fluxys as gas…
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