Tag Archives: Leonid Mikhelson

Russian can claim a 20% share in the global LNG market.

The launch of the crude oil program will make a significant contribution to the company'.s liquids production growth.

The Arctic LNG 2 project is expected to utilize the 7 billion plus boe of hydrocarbons resources in the Utrenneye field.

Novatek said August 9 that the second LNG train commissioned six months ahead of its original schedule.

During the first part of the route. through the Laptev Sea. the vessels had to sail in up to two meters thick very close drift ice.

Russia’s next major liquified natural gas project is likely to be served by a fleet of domestically built vessels sailing under Russian flag.

Novatek was established in 1994 and is involved in the exploration. production. processing and marketing of natural gas and liquid hydrocarbons.

Earlier this year. Russia and Saudi Arabia boosted further their energy ties.

Novatek has signed a Memorandum of Understanding (MOU) with Saudi Aramco. the Saudi Arabian National Oil Company.

As with Yamal. natural gas will be exported via the Northern Sea Route.