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NOVATEK and Zhejiang Energy sign LNG supply agreement

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PAO NOVATEK (NOVATEK) announced that as part of the Saint-Petersburg International Economic Forum, its wholly owned subsidiary, NOVATEK Gas & Power Asia Pte. Ltd., and Zhejiang Energy Gas Group Co., Ltd, a subsidiary of the Zhejiang Provincial Energy Group (Zhejiang Energy) signed a Heads of Agreement for the long-term supply of LNG from the Arctic LNG 2 project.
The agreement builds on the MoU signed by the parties in October 2019 and establishes the key commercial terms for the annual supply of up to 1 million t of LNG from the Arctic LNG 2 project for a term of 15 years. The LNG will be delivered on a DES basis to Zhejiang Energy’s LNG terminals in China, including feedstock for the buyer s new gas-fired power generation facilities. ....

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LNG supply deal signed by NOVATEK and Zhejiang Energy

Russian gas producer, NOVATEK, has signed a deal with Chinese energy company, Zhejiang, for the long-term supply of LNG form the Arctic LNG 2 project. ....

Leonid Mikhelson , Zhejiang Energy , Management Board , Asian Pacific , ஜெஜியாங் ஆற்றல் , மேலாண்மை பலகை , ஆசிய பெஸிஃபிக் ,

Novatek signs framework terms with China's Zhejiang Energy on supplying up to 1 mln tonnes of LNG/year from Arctic LNG 2

Novatek signs framework terms with China's Zhejiang Energy on supplying up to 1 mln tonnes of LNG/year from Arctic LNG 2
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Asia Pte , Zhejiang Energy , China Zhejiang Energy Gas Group Co Ltd , China Zhejiang Energy , Zhejiang Provincial Energy Group , Power Asia , ஆசியா ட் , ஜெஜியாங் ஆற்றல் , சீனா ஜெஜியாங் ஆற்றல் , ஜெஜியாங் மாகாண ஆற்றல் குழு , பவர் ஆசியா ,

Novatek lines up Glencore for Arctic LNG-2 supplies

Novatek lines up Glencore for Arctic LNG-2 supplies
Jun 2, 2021 10:15:am
Summary
by: Joseph Murphy
Posted in:
Novatek lines up Glencore for Arctic LNG-2 supplies
Russian LNG exporter Novatek has reported reaching a heads of agreement (HoA) to deliver more than 0.5mn metric tons/year of LNG to commodities trader Glencore from its Arctic LNG-2 project.
Novatek said on June 2 it would supply the gas to a number of locations in East Asia. The announcement was made less than an hour after Novatek reported signing a HoA for the supply up to 1mn mt/yr of LNG to China s Zhejiang Energy, also from Arctic LNG-2 under a 15-year contract. ....

Leonid Mikhelson , Asia Pacific , China Zhejiang Energy , Zhejiang Energy , Northern Sea Route , Commodities Trader , East Asia , ஆசியா பெஸிஃபிக் , சீனா ஜெஜியாங் ஆற்றல் , ஜெஜியாங் ஆற்றல் , வடக்கு கடல் பாதை , பொருட்கள் வர்த்தகர் , கிழக்கு ஆசியா ,

Novatek pens LNG supply deal with China's Zhejiang Energy

Novatek pens LNG supply deal with China s Zhejiang Energy
Jun 2, 2021 9:15:am
Summary
by: Joseph Murphy
Posted in:
Novatek pens LNG supply deal with China s Zhejiang Energy
Russian LNG exporter Novatek announced on June 2 it had signed a heads of agreement (HoA) with China s Zhejiang Energy to deliver up to 1mn metric tons/year of LNG from its Arctic LNG-2 project.
The proposed contract has a 15-year term and covers supplies on a delivered ex-ship basis to Zhejiang s LNG terminals in China, providing feedstock for the company s new gas-fired power plants. The HoA builds on a memorandum of understanding signed by Novatek and Zhejiang in October 2019. ....

Gydan Peninsula , Russia General , Leonid Mikhelson , China Zhejiang Energy , Zhejiang Energy , Asian Pacific , Gas Fired Power Plants , Due Online , ரஷ்யா ஜநரல் , சீனா ஜெஜியாங் ஆற்றல் , ஜெஜியாங் ஆற்றல் , ஆசிய பெஸிஃபிக் , வாயு நீக்கப்பட்டார் பவர் செடிகள் , காரணமாக நிகழ்நிலை ,