Latest news

Russia’s Novatek could almost triple Vysotsk LNG capacity

Russia’s Novatek, the operator and developer of two giant Arctic LNG export projects, may significantly increase output at its medium-scale liquefied natural gas export plant in Russia’s Baltic Sea port of Vysotsk.

read more... 14/05/2019


Sovcomflot secures LNG vessel financing facility

Sovcomflot (SCF Group) has signed a new US$297 million limited recourse credit facility, for up to 10 years, with three leading international banks: ING Bank; KfW IPEX-Bank, and Crédit Agricole Corporate and Investment Bank.

read more... 09/05/2019


Total now ‘comfortably’ second largest oil firm in LNG market, Woodmac say

French oil giant Total is now “comfortably” the world’s second largest seller of liquified natural gas (LNG), according to Wood Mackenzie (Woodmac).

read more... 06/05/2019


China Acquires 20 Percent Stake in Novatek’s Latest Arctic LNG Project

China continues to invest in Arctic natural resources as two Chinese national oil companies secure a 20 percent stake in Russia’s massive Arctic LNG 2 project.

read more... 29/04/2019


Cryogas-Vysotsk LNG project in Russia commences full-scale production

Novatek and its joint venture partner Gazprombank Cryogas-Vysotsk have started full-scale production of liquefied natural gas (LNG) from the Cryogas-Vysotsk LNG project in the Leningrad Region of Russia.

read more... 26/04/2019