Novatek taps Russian region for LNG equipment
Russian gas producer Novatek said on December 16 it had signed a cooperation agreement with Russia's Voronezh region on securing LNG engineering and supply services from companies in the province.
"Manufacturers from Voronezh Region have successfully contributed to many of the Company's major projects located within the reach of the Unified Gas Supply System, with their equipment and materials," Novatek CEO Leonid Mikhelson commented. "They have a big potential, and this agreement will enable the enhancing of their involvement in our LNG projects. Cooperation under our ongoing and future projects will start at early stages, including R&D activities, to promote larger import substitution in high-tech LNG equipment as well as to foster the region's economic development."
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Novatek is developing a raft of large-scale LNG export projects in the Russian Arctic, and has plans for smaller-scale liquefaction facilities to supply the domestic market.