Russia's Arctic LNG-2 announces FID

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05 September 2019

Russia's Arctic LNG-2 announces FID

Report summary

On 5 September, NOVATEK announced the FID for Arctic LNG-2. At 19.8 mmtpa, this is the single largest LNG project sanction in the history of the industry. The Russian company will be partnered by Total, CNPC, CNOOC Ltd., JOGMEC and Mitsui & Co. • What does it mean for NOVATEK? • What are the key financial metrics of the project? • What are the next steps? Please read our Inform to find out more.

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    Russia's Arctic LNG-2 announces FID

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