Novatek signs LNG supply HoA with Glencore
June 2, 2021
Novatek Gas & Power Asia and Glencore signed an HoA for the long-term supply of 0.5 MTPA of LNG delivered to East Asia from the Arctic LNG 2 project. The LNG will be shipped all-year-round along the Northern sea route. The 19.8 MTPA project will be located on the Gydan peninsula in West Siberia and its construction concept relies on using gravity-based structure platforms.
Edited from Novatek press release