MARKETS

Novatek sells down Artic 2 LNG to Japanese concern

MITSUI and Japan’s Jogmec are taking a slice Arctic LNG 2 from Russia’s privately-owned Novatek with Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe attending a signing ceremony on the sidelines of the Group of 20 meeting in Osaka, Japan, last weekend. 

 Japanese to take 10% share of Arctic 2 LNG

Japanese to take 10% share of Arctic 2 LNG

Mitsui and Japan Oil, Gas and Metals National Corporation will make the US$3 billion investment via a jointly owned Dutch subsidiary Japan Arctic LNG (Mitsui 25% Jogmec 75%) and will take 2 million tonnes...

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