Post Tagged with: "Novatek"

Image Courtesy: Novatek

Russia gives green light for new LNG transshipment terminal

World Maritime News

Russia’s federal autonomous institution Glavgosexpertiza has reviewed and approved the design documentation and engineering survey results for the construction of an LNG transshipment terminal in the Kamchatka Territory. 

Back in October 2017, the Kamchatka government and PJSC …

February 8, 2020 - 8:16 am Closing Bell Story‎, Energy News, International, LNG
Courtesy of Enbridge

Oil Services Firm TechnipFMC to Split Into Two Publicly Traded Companies

From Reuters

Franco-American oil services firm TechnipFMC Plc (FTI.N) said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.

TechnipFMC, which had …

Source: Novatek

CNOOC to Take 10% of Novatek Arctic LNG 2 Project

CNOOC Limited Signed a Heads of Agreement with JSC Novatek for the Arctic LNG 2 Project

April 26, 2019 - 7:36 am China, Closing Bell Story‎, LNG, Press Releases
Source: Rosneft

Russia Eyes Greater Energy Dominance as Novatek Taps Arctic

From Bloomberg

Almost 1,500 miles from Moscow, the tiny port of Sabetta nestles in a desolate Russian Arctic peninsula. A former outpost for Soviet geologists, it’s now the site of Russia’s most ambitious liquefied natural gas project, operated by a …

April 9, 2019 - 12:05 pm Closing Bell Story‎, Energy News, Natural Gas News
Россия. Санкт-Петербург. 17 июня 2015. На территории выставочного комплекса Ленэкспо во время подготовки к Петербургскому международному экономическому форуму 2015. Евгений Курсков/ТАСС|A view of the Lenexpo Exhibition Complex ahead of the 19th St. Petersburg International Economic Forum in St. Petersburg, Russia, June 17, 2015. Yevgeny Kurskov/TASS

Russia Plans to Outproduce U.S. and Australia in Global LNG Markets

From Reuters

Russia plans to raise its annual production of seaborne liquefied natural gas (LNG) to as much as 120 million tonnes by 2035 and take market share from Australia and the United States by capitalizing on low costs, a …

June 1, 2018 - 1:38 pm Closing Bell Story‎, Energy News
Ship Carrying LNG from UK Turns to Mediterranean

Ship Carrying LNG from UK Turns to Mediterranean

From Reuters

A vessel that picked up liquefied natural gas from the United Kingdom that was headed to the United States has turned toward the Mediterranean, according to Thomson Reuters shipping data on Wednesday.

Engie SA’s Gaselys tanker picked up …

January 10, 2018 - 2:26 pm Closing Bell Story‎, International, LNG
Russia’s Yamal LNG Receives More Cash from China

Russia’s Yamal LNG Receives More Cash from China

New Chinese investment firm raises $6 billion in financing

Russia-based Novatek’s (ticker: NVTK) Yamal LNG project has received a new infusion of capital from a new Chinese investment firm called China Insurance Investment Ltd. The firm is comprised of 46 …

Source: Novatek

Financing for Russia’s New LNG Project Falters

Novatek struggles to fund its 16.5 million ton per annum Yamal LNG project

Efforts to finalizing financing on the only liquefied natural gas (LNG) project currently under development in Russia have stalled. Tarko-Sale, Russia-based Novatek (ticker: NVTK), the lead company …

October 20, 2015 - 2:43 pm International, LNG, Oil and Gas 360 Articles
Will Russia Survive the Oil & Gas Downturn?

Will Russia Survive the Oil & Gas Downturn?

Russia Experts Discuss How Today’s Commodities Prices and Shifting Market Dynamics are affecting the Russian Oil & Gas Industry in this Exclusive Oil & Gas 360® Analysis

Around the world, in places where oil and gas is a dominant resource, …

Russia Turning to China for Long-Term Funding

Russia Turning to China for Long-Term Funding

Chinese Fund Buys 9.9% Stake in $27 Billion Russian LNG Project

Since the implementation of U.S. sanctions against Russia for its actions in Crimea, one of the major challenges facing the Russian oil and gas industry is gaining access to

September 29, 2015 - 2:44 pm International, LNG, Midstream, Oil and Gas 360 Articles, Popular