LNG

Gazprom acknowledged that LNG is its competitor on European market

The main rival of Gazprom in the struggle for the European market can be liquefied natural gas.

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Gazprombank redirects its LNG-projects to Russia

“The main deliveries are still going to Europe, but for this they need to cross the border, deal with customs, currency risks can be realized.

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Construction of the LNG terminal in Kamchatka to begin in 2020.

It is necessary to prepare and approve all project documentation before the end of this year.

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Azerbaijan and Algeria intend to develop cooperation on hydrocarbon projects, petrochemistry and trade of LNG

Baku and Algeria plan to sign a memorandum on cooperation in the oil and gas sector, the Azerbaijani Energy Ministry said.

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Novatek’s tankers to be able to go along Northern Sea Route not only under Russian flag

Novatek has resolved the issue of exporting its liquefied gas along the Northern Sea Route in conditions of a ban on use of vessels under foreign flags introduced at the end of 2017.

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Intesa and Novatek plan to cooperate in Arctic LNG-2 project

The Italian banking group Intesa and Novatek have been close to agreements on financing the Arctic LNG-2 project.

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Novatek is ready to consider sale of up to 30% in Arctic LNG-2 to Saudi Aramco

Novatek is ready to consider sale of up to 30% in the Arctic LNG-2 project to Saudi Aramco under favorable conditions. This was reported by head of the company Leonid Mikhelson on Sunday.

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Wintershall wants to make peace between LNG and pipeline gas.

The German oil and gas company Wintershall proposed the concept of "peaceful coexistence" of two types of gas in Europe - pipeline and LNG.

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It is getting warmer in the Arctic.

Decision on preferences for large investors.

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In January, Sakhalin Energy and Yamal LNG exported LNG for $750.8 mln

In January 2019, Sakhalin Energy - operator of the Sakhalin-2 project - and Yamal LNG received the revenues from export of liquefied natural gas in the amount of $750.8 million, which is 2.3 times

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