Novatek says signs 11, 15-year LNG deals with 2 Chinese companies

MOSCOW, Jan 11 (PRIME) -- Russian gas producer Novatek has signed a 15-year agreement to sell up to 1 million tonnes of liquefied natural gas (LNG) per year to China's Zhejiang Energy and an 11-year agreement for 600,000 tonnes per year of LNG to China's ENN Natural Gas, the company said in a statement on Tuesday. 

The amounts of the deals were not disclosed.

Novatek will deliver the gas from the Arctic LNG 2 project on DES terms to Zhejiang Energy’s LNG terminals.

End %%mk/jst%%