Press Esc to close

WorldOil

World Oil News Center



Novatek in talks to sell stake in Yamal LNG to consortium

BY JAMES MARSON

MOSCOW -- OAO Novatek, is in "advanced talks" on selling a stake in its Arctic LNG project to a consortium of foreign companies, Novatek' s CFO Mark Gyetvey said.

Speaking on a conference call, Mr. Gyetvey did not name the companies.

Novatek in June signed a framework agreement to sell a 20% stake in the Yamal LNG project to China National Petroleum Corp.

Total holds a 20% stake in the project, which is set to produce its first gas in 2017.

Dow Jones Newswires

08/13/2013

 

Bookmark and Share


WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

MEDIA CENTER

By Digital Publisher

Drill Bit Classifier World Oil published its renowned Drill Bit Classifier in September 2013. The Drill Bit Classifier is a comprehensive listing of major manufacturers' d...

ENERGY EVENTS

Upcoming Events