Mitsui and JOGMEC purchase Arctic LNG-2 stake from NOVATEK

June 29, 2019

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NOVATEK and the consortium of Mitsui and JOGMEC signed an agreement to sale and purchase a 10% interest in the Arctic LNG-2 project. The participation in the project also provides for the long-term offtake of approximately 2 MTPA of LNG by the Japanese partners. The agreement will close in the nearest future subject to regulatory approvals.

Edited from NOVATEK Press Release