Novatek is in the process of concluding an agreement with Saudi Aramco on Arctic LNG 2 – CEO



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MOSCOW (Reuters) – Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday he discussed the company's Arctic LNG 2 project with Saudi oil minister Khalid al-Falih, and that an agreement could be reached. expected soon.

"We are in talks with Saudi Aramco (on the Arctic LNG 2 project) and I think we will get something tangible in the coming months," Mikhelson said, adding that he "s not going to get it. was not expecting a change in world prices for liquefied natural gas (LNG) after the launch of the project.

Speaking on the sidelines of a meeting of OPEC members and other major oil exporters in Baku, Mikhelson also said that the so-called "OPEC of gas" – an informal organization bringing together the world's leading producers of natural gas – would strengthen in the global energy markets.

(Report of Vladimir Soldatkin, written by Polina Ivanova, edited by William Maclean)

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