RUSSIA, JAPAN IN ARCTIC LNG 2
NOVATEK - Osaka, 29 June 2019. Today, in the presence of the President of Russian Federation Vladimir Putin, and the Prime Minister of Japan Shinzo Abe, PAO NOVATEK ("NOVATEK" and/or the "Company") and the consortium of Mitsui & Co ("Mitsui") and Japan Oil, Gas and Metals National Corporation ("JOGMEC") signed the Sales and Purchase Agreement ("Agreement") to purchase a 10% participation interest in the Arctic LNG 2 project (the "Project"). The participation in the Project also provides for the long-term LNG offtake of approximately two million tons per annum by the Japanese partners. The Agreement will close in the nearest…
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