PAO NOVATEK (LSE:NVTK) may sell stakes in its liquefied natural gas (LNG) project Arctic LNG-2 to other investors besides the ones who bought 40% in the project, Deputy Chief Executive Officer Mark Gyetvay said in a conference call on July 25, 2019. Arctic LNG-2 has finished creation of an investor structure for the project after selling 40% in the project to TOTAL S.A. (ENXTPA:FP), China National Petroleum Corporation, China National Offshore Oil Corporation, and a consortium of Mitsui & Co., Ltd. (TSE:8031) and JOGMEC. This structure was our strategic goal, and we can focus now on making a final investment decision and on the structure of financing," he said.
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66.4 EUR | +0.62% | -0.82% | 166B | ||
0.6502 USD | -.--% | -98.70% | 33.22B | ||
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+53.25% | 78B | |
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+39.06% | 32.58B | |
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+8.96% | 16.48B | |
-5.27% | 12.94B | |
+29.14% | 5.71B |
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- Novatek May Sell More Stakes In Arctic LNG-2