Spanish companies are
interested in participating in Novatek’s Arctic LNG 2 project and LNG trading,
Alexander Novak, Russia’s Energy Minister and co-chairman of the
Russian-Spanish intergovernmental commission, said at the meeting of the
commission on Monday.
"In the energy sector,
the potential participation in Arctic LNG 2 is being developed. There is
interest in bunkering, as well as in liquefied natural gas trading," he
said.
According to Novatek CEO
Mikhail Mikhelson, the issue is first of all about LNG supplies, not about
taking a share in the project, though he did not rule out this option.
Arctic LNG 2 is Novatek’s
second project on LNG production beyond Yamal LNG. The company is considering
the construction of a new LNG plant on the Gydan Peninsula. Gas for
liquefaction will be supplied from Salmanovskoe oil and gas condensate field.
The construction of the plant is scheduled to start in 2018. First stages of
the Artic LNG-2 will go live in 2022-2023. Capital expenditures for the
construction may total $10 bln.
(ITAR-TASS)