NOVATEK, CNPC AGREEMENT
NOVATEK - 7 June 2019. As part of today's Saint-Petersburg International Economic Forum, PAO NOVATEK ("NOVATEK" and/or the "Company") announced that it has signed the Share Purchase Agreement ("Agreement") with wholly owned subsidiary of China National Petroleum Corporation ("CNPC") in relation to the sale of a 10% participation interest in the Arctic LNG 2 project. The Agreement will close in the nearest future subject to approval by regulatory authorities of the Russian Federation and the People's Republic of China.
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