H-Energy Global Limited and NOVATEK have signed an agreement to provide long-term liquefied natural gas (LNG) supplies to LNG markets, including India. The agreement was signed at the Eastern Economic Forum at Vladivostok, Russia.
The agreement envisages cooperation in LNG supplies to India on a long-term basis, joint investment in LNG terminals of H-Energy and LNG projects of NOVATEK, as well as establishing a joint venture to market LNG and natural gas from NOVATEK’s portfolio to end customers in India, Bangladesh and other markets. H-Energy and NOVATEK will endeavour to work together in future LNG projects, midstream assets like LNG reloading and regasification terminals, cross-country pipelines, as well as small-scale LNG and L-CNG infrastructure.