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Novatek starts shipping LNG from Arctic LNG 2 project, first vessel sent to China

The participants in the Arctic LNG 2 project are the largest independent natural gas producer in Russia, Novatek, the French corporation TotalEnergies, the Chinese CNPC and CNOOC, as well as the Japanese consortium Japan Arctic LNG

VLADIVOSTOK, September 4. /TASS/. Russian gas producer Novatek has begun shipping LNG from the Arctic LNG 2 project, the first vessel has already entered China, the company's deputy chairman of the board Evgeny Ambrosov told reporters on the sidelines of the Eastern Economic Forum (EEF).

"According to Kpler data, shipments are underway from Arctic LNG 2, with the first tanker with project cargo having entered the Chinese port," he said.

The participants in the Arctic LNG 2 project are the largest independent natural gas producer in Russia, Novatek (60%), the French corporation TotalEnergies (10%), the Chinese CNPC (10%), and CNOOC (10%), as well as the Japanese consortium Japan Arctic LNG, which has 10%, in which Mitsui owns 25%, and JOGMEC holds 75%.

The 10th Eastern Economic Forum is taking place in Vladivostok from September 3 to 6 under the theme "The Far East: Cooperation for Peace and Prosperity." The business program features more than 100 thematic sessions divided into seven tracks. The forum has brought together over 4,500 participants from more than 70 countries and territories. The Roscongress Foundation is the organizer of the EEF, with TASS as its general information partner.