Novatek | Egypt Oil & Gas - Part 2
NOVATEK Launches LNG PLant in Magnitogorsk
Russia’s second-largest natural gas producer, NOVATEK, has announced the inauguration of the first liquefied natural gas (LNG) terminal in Magnitogorsk, in the Chelyabinsk region, according to a press release. T...
Total to Drill in Lebanon
Total, which is part of a consortium consisting of Italy’s Eni and Russia’s Novatek, plans to start exploring for natural gas in the eastern Mediterranean waters offshore Lebanon, as reported by The National. The comp...
Aramco Reiterates Interest in Arctic LNG 2 Project
Saudi Aramco has extended its offer to engage in Novatek’s Arctic LNG 2 project, according to Saudi Energy Minister Khalid Al-Falih, Reuters reported citing Russia’s TASS news agency. The minister stressed his h... Novatek to Deal with Aramco on Arctic LNG 2 Project
Russian giant gas company, Novatek, has begun discussions with Saudi Aramco around Arctic LNG 2 project, Reuters reported. The talks were between Leonid Mikhelson, Novatek’s CEO and Khalid Al-Falih, Minister of ...
Saudi Aramco, RDIF, Mitsui Consider Acquiring Novatek’s LNG Stakes
Saudi Aramco, Russia’s sovereign wealth fund RDIF, and Japan’s Mitsui are in talks to acquire stakes in Novatek’s Arctic LNG 2 project, sources familiar with the talks told Reuters. “Mitsui, Saudi Aramco, ...
Lebanon to Start Gas Exploration by 2019-End
Lebanon is expected to start exploring for natural gas by the end of 2019 through a consortium led by French oil major Total, second vice-governor of Lebanon’s central bank, Saad Andary, revealed at a press conference... Lebanon to Continue Exploring Disputed Block 9
Lebanon has already begun exploring in the disputed Block 9 area, Lebanese Energy and Water Minister Cesar Abi Khalil stated, The Daily Star reported. The news comes in spite of Israel disputing Lebanon’s claims to so...
Consortium Wins Exploration Rights Off Lebanon
Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters, Bloomberg reports. The companies received preliminary licenses for blocks 4 and 9, according to the... 
