Novatek ties with Technip, Linde and NIPIGas on future LNG projects development

Novatek ties with Technip, Linde and NIPIGas on future LNG projects development
Image courtesy of Novatek

Novatek of Russia signed a framework agreement on strategic cooperation with Technip, Linde and Research and Design Institute for Gas Processing (NIPIGas) on Arctic LNG 2. 

The companies agreed on conditions for the design and development of future LNG plants based on gravity-based structures for the Arctic LNG 2 project as well as subsequent liquefied natural gas projects developed by Novatek.

Novatek also signed the license agreement with Linde AG to purchase the license on natural gas liquefaction technology for the Arctic LNG 2 project.

Speaking of the agreement, Novatek’s chairman Leonid Mikhelson said that the company has gained competencies regarding LNG projects through the development of the Yamal LNG.

“We have chosen a new technical design concept for our next LNG project,” Mikhelson said, adding that the newly signed agreements improve the economics on the company’s next LNG projects.

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >