NOVATEK, Russia’s largest independent natural gas producer, Mitsui O.S.K. Lines, Ltd. and Japan Bank for International Cooperation signed a cooperation agreement confirming the parties’ intentions to implement projects for construction of a marine LNG transshipment complexes in Kamchatka Territory and Murmansk Region, including possible acquisition of participation interest in projects and potential financing of projects.
The construction of the Kamchatka and Murmansk transshipment complexes will help to optimize logistics and maximize the efficiency of LNG deliveries from Yamal and Gydan to LNG key markets of the Asia-Pacific Region, including Japan, the largest global LNG consumer, corporate press release reports.