PAO Novatek announced that its joint venture Cryogas-Vysotsk signed a power purchase agreement for renewable electricity produced by the European energy company Fortum in Russia.
Novatek and Uniper signed a term sheet on the long-term supply of large volumes of low-carbon ammonia. These supplies will be delivered to Uniper’s markets in Germany and North-West Europe.
Novatek Green Energy, a subsidiary of Novatek PAO, already has 10 LNG filling stations in Germany, representing approximately 15 percent of the local market.
PAO NOVATEK and RWE Supply & Trading GmbH signed a Memorandum of Understanding to mutually cooperate in the field of LNG supply and decarbonization.
Novatek’s medium-scale plant in Russia’s Baltic Sea port of Vysotsk continues to produce LNG above its nameplate capacity.
Arctic LNG 2 announced that the first modules for LNG Train 1 were successfully delivered by the Project’s EPC contractor, a joint venture of Technip Energies, Saipem and NIPIGAS.
The Arkticheskoye and Neytinskoye fields have combined estimated hydrocarbon reserves of 2.9 billion barrels of oil equivalent (boe), including 413 billion cubic meters (bcm) of natural gas and 28 million tons of liquids.
The Board of Directors of PAO NOVATEK resolved to create a subsidiary called NOVATEK – LNG Fuel, which will construct small-scale LNG plants, facilitate LNG wholesale markets and develop a retail network for LNG as a motor fuel.
The milestone cargo was loaded on the Arc7 ice-class tanker “Nikolay Zubov” and represented the 685th cargo of LNG dispatched since the first cargo in December 2017.
Russian energy company Novatek has announced that its subsidiary Novatek Gas & Power Asia has signed a long-term contract with the Chinese state-owned company Shenergy Group.