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Chinese players buy 20% in Arctic LNG-2
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Report summary
On 25 April, NOVATEK announced the entry of CNPC and CNOOC Ltd. into its new 19.8 mmtpa Arctic LNG-2 project. Each company signed a binding agreement to purchase a 10% stake in the asset. • What are the implications for the new entrants? • How much more could be up for sale? • What developments have improved the commercial attractiveness over the past year? Please read our inform to find out more.
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