Novatek and Zhejiang Energy sign HoA
June 2, 2021
Novatek Gas & Power Asia and Zhejiang Energy Gas Group, a subsidiary of the Zhejiang Provincial Energy Group, signed an HoA for the supply of 1 MTPA of LNG from the Arctic LNG 2 project for 15 years. The Agreement builds on the MoU signed in October 2019. 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.
Edited from Novatek press release