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Russia's Gas Producer Novatek in Talks With Indian Companies on Long-Term LNG Supplies
Russia's Gas Producer Novatek in Talks With Indian Companies on Long-Term LNG Supplies
Russia's second-largest independent gas producer Novatek is negotiating long-term LNG supplies to India with local companies
2023-02-06T18:55+0530
2023-02-06T18:55+0530
2023-02-06T18:56+0530
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"We are in talks with more than one company over contracts on long-term [LNG] supply to the Indian market," Mikhelson said at India Energy Week. Novatek is interested in working with India not only on LNG supplies but also on equipment and the construction of regasification terminals, the CEO added. Additionally, Michelson noted that Novatek currently has no problems selling its LNG.Earlier it was reported that Pakistan had started to develop a Holistic Energy Security Plan, which will be accomplished by the end of 2023 and include the import of Russian liquefied natural gas (LNG).
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Russia's Gas Producer Novatek in Talks With Indian Companies on Long-Term LNG Supplies
18:55 06.02.2023 (Updated: 18:56 06.02.2023)
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BANGALORE, India (Sputnik) - Russia's second-largest independent gas producer Novatek is negotiating long-term LNG supplies to India with local companies, Novatek CEO Leonid Mikhelson said on Monday.
"We are in talks with more than one company over contracts on long-term [LNG] supply to the Indian market," Mikhelson said at India Energy Week.
Novatek is interested in working with India not only on LNG supplies but also on equipment and the construction of regasification terminals, the CEO added.
Additionally, Michelson noted that Novatek currently has no problems selling its LNG.
Earlier it was reported that Pakistan had started to develop a Holistic Energy Security Plan, which will be accomplished by the end of 2023 and include the import of Russian liquefied natural gas (LNG).
