NOVATEK'S LNG UP
NOVATEK - PAO NOVATEK ("NOVATEK" and/or the "Company") announced today that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, Russian President Vladimir Putin has formally started the Cryogas-Vysotsk LNG project.
"Cryogas-Vysotsk is our first medium-scale LNG project." noted NOVATEK's Chairman of Management Board Leonid Mikhelson, "Our marketing strategy provides for loading of bunkering vessels,…
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