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2018-10-19 11:15:00

RUSSIAN LNG FOR GERMANY

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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Tags: RUSSIA, GERMANY, LNG, GAS, NOVATEK, FLUXYS

Chronicle:

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