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CNOOC signs HOA with Novatek for stakes in Arctic LNG
April 26, 2019
Source: World Oil

CNOOC signs HOA with Novatek for stakes in Arctic LNG

Chinese oil major, CNOOC has entered into a Heads of Agreement (HoA) with Russian gas producer, Novatek for 10% interest in the Arctic LNG 2 project. The Arctic LNG 2 Project is one of the largest onshore conventional natural gas projects, operated by JSC Novatek. The project involves the development and production of Utrenneye gas field, apart from the construction and operation of three LNG trains.

   Read More About : China Russia UPSTREAM CNOOC Novatek
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