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NOVATEK Signed MOU with Saibu Gas

Source: www.gulfoilandgas.com 12/27/2018, Location: Asia

PAO NOVATEK and Saibu Gas Co., Ltd. (Japan) signed a Memorandum of Understanding (MOU), whereby the parties agreed to consider potential cooperation to enter the end-customer market and optimize NOVATEK’s LNG portfolio supplies to the Asia-Pacific region by utilizing Hibiki LNG terminal in Japan.

NOVATEK’s First Deputy Chairman of the Management Board Lev Feodosyev noted: “The Asia-Pacific region is a priority destination for NOVATEK's LNG projects. Our ability to use the Hibiki terminal will help diversify our customer base and increase the flexibility of deliveries to the premium LNG markets.”

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