July 19, 2018 / 6:13 AM / 2 years ago

Russia's Novatek in talks with China's CNPC on Arctic LNG-2 - TASS

MOSCOW, July 19 (Reuters) - Russian natural gas producer Novatek is in talks with China National Petroleum Corp (CNPC) and the Silk Road Fund on participating in the Arctic LNG 2 plant, TASS news agency cited Novatek’s CEO Leonid Mikhelson as saying on Thursday.

Novatek hopes to complete the talks in the near future in order “to take an official investment decision on this project by the middle of 2019,” Mikhelson was quoted as saying. (Reporting by Denis Pinchuk; writing by Tom Balmforth; editing by Jason Neely)

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