CNOOC Ltd. and China National Oil & Gas Exploration & Development Co., a wholly owned subsidiary of China National Petroleum Corp., have signed agreements to acquire 10% interests each in the Arctic LNG 2 plant to be built by Novatek on the Gydan Peninsula of Russia.
CNOOC Ltd. and China National Oil & Gas Exploration & Development Co., a wholly owned subsidiary of China National Petroleum Corp., have signed agreements to acquire 10% interests each in the Arctic LNG 2 plant to be built by Novatek on the Gydan Peninsula of Russia.
Novatek plans three liquefaction trains with capacities of 6.6 million tonnes/year each on gravity-based structure platforms. Gas will come from Utrenneye field.