ENGIE and Novatek sign LNG SPA from Yamal
June 2, 2015
ENGIE and NOVATEK have concluded today an LNG Sales and Purchase Agreement from the Yamal LNG project. Under the FOB agreement, ENGIE will receive 1 million tons per year over a 23-year period starting 2018. This represents 14 cargoes per year which will be delivered from Yamal Trade icebreaker LNG carriers at the Montoir-de-Bretagne LNG terminal (ENGIE), on the western coast of France, where NOVATEK will transfer the LNG, via a transshipment service operated by Elengy, to ENGIE vessels. The LNG will be further delivered anywhere in the world depending on client’s needs.
