All news

Novatek interested in LNG supplies to Africa, exploring Algerian market — minister

Nikolay Shulginov added that the company's expanding sales is not limited to traditional markets of Europe

ST. PETERSBURG, July 27. /TASS/. Russia’s Novatek is interested in Africa from the viewpoint of LNG sales, Energy Minister Nikolay Shulginov said in an interview with TASS on the eve of the Russia-Africa summit, adding that the company is exploring the Algerian market.

"Novatek is taking interest in Algeria, for example. The company is expanding sales, which is why it is interested not only in traditional markets of Europe and the East, but Africa as well," he said.

The second Russia-Africa summit is taking place in the Russian city of St. Petersburg on July 27-28, with an economic and humanitarian forum being held concurrently. This time, same as in 2019 when the first such summit was held in Sochi, the motto is ‘For Peace, Security, and Development’. Roscongress Foundation is the organizer of the event. TASS is the photo hosting agency and information partner of the summit and the forum, and it also holds the second Russia-Africa media forum.