Gulf Oil and Gas accountACCOUNT

NOVATEK Signed MOU with H-Energy

Source: www.gulfoilandgas.com 9/4/2019, Location: Asia

During the Eastern Economic Forum in Vladivostok, PAO NOVATEK (NOVATEK) 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.

“India is one of the largest and fastest growing LNG markets, and will be one of the main sources of future growth in global demand for natural gas,” noted NOVATEK’s Chairman of the Management Board Leonid Mikhelson.

“The Memorandum of Understanding is an important step towards entering the end customer market in India, which is of great interest to NOVATEK taking into account our strategic plans to implement new LNG projects and significantly increase our LNG production volumes.”

LNG Processing News in Russia >>

Russia >>  10/1/2019 - PAO NOVATEK announced that 15 LNG cargos from the Company’s Yamal LNG project were shipped eastbound to the Asian Pacific markets directly via the Nor...
Qatar >>  9/28/2019 - His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, ended a working visit to Jap...

Russia >>  9/26/2019 - GTT has signed a contract with SAREN B.V. (Russian joint venture of Renaissance Heavy Industries Russia and Saipem) related to detailed design and con...
Russia >>  9/26/2019 - PAO NOVATEK (NOVATEK) Mitsui O.S.K. Lines, Ltd. (MOL) and Japan Bank for International Cooperation (JBIC) signed a Cooperation Agreement confirming th...

Related Categories: Deodorization system  Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 

Related Articles: Gas dehydration  Gas sweetening  Gas Treating  General  GTL Processing  LNG Processing  LPG Domestic use  LPG Odorless  Packing  Phase Separation  Scrubbers 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.