Novatek inks LNG supply pact with China's ENN
Russia’s Novatek has signed an agreement to supply LNG from the Arctic LNG 2 project to China’s ENN, it said on January 11.
The sale and purchase agreement stipulates the supply of approximately 0.6mn metric tons/year of LNG for a term of 11 years. The LNG will be delivered to ENN’s Zhoushan LNG terminal in China.
Arctic LNG 2 envisages constructing three LNG liquefaction trains of 6.6mn mt/yr each for the total LNG capacity of 19.8mn mt/yr, as well as a cumulative gas condensate production capacity of 1.6mn mt/yr.
The project’s participants include Novatek, TotalEnergies, CNPC, CNOOC and Japan Arctic LNG, a consortium of Mitsui & Co and JOGMEC.