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NOVATEK and Zhejiang Energy sign LNG supply agreement

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PAO NOVATEK (NOVATEK) announced that as part of the Saint-Petersburg International Economic Forum, its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group (Zhejiang Energy) signed a Heads of Agreement for the long-term supply of LNG from the Arctic LNG 2 project.
The agreement builds on the MoU signed by the parties in October 2019 and establishes the key commercial terms for the annual supply of up to 1 million t of LNG from the Arctic LNG 2 project for a term of 15 years. The LNG will be delivered on a DES basis to Zhejiang Energy’s LNG terminals in China, including feedstock for the buyer s new gas-fired power generation facilities. ....

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Novatek signs framework terms with China's Zhejiang Energy on supplying up to 1 mln tonnes of LNG/year from Arctic LNG 2

Novatek signs framework terms with China's Zhejiang Energy on supplying up to 1 mln tonnes of LNG/year from Arctic LNG 2
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- NOVATEK and Zhejiang Energy Sign Heads...

- NOVATEK and Zhejiang Energy Sign Heads...
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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines NOVATEK signs long-term LNG agreement with Zhejiang Energy

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