NOVATEK'S LNG FOR INDIA
NOVATEK - 4 September 2019. Today, during the Eastern Economic Forum in Vladivostok, PAO NOVATEK ("NOVATEK" and/or the "Company") and H-Energy Global Ltd ("H-Energy"), India, signed a Memorandum of Understanding (MOU).
The MOU envisages cooperation in LNG supplies to India on a long-term basis, joint investment in future LNG terminals of H-Energy and LNG projects of NOVATEK, as well as establishing a joint venture to market LNG and natural gas from NOVATEK's portfolio to end-customers in India, Bangladesh and other markets.
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