Novatek steps on gas pedal with Arctic LNG 2 construction, plans downstream LNG business in Germany and Poland

December 4, 2019/in /by Rudolf Huber

Increasingly, LNG projects will have to think hard how to develop new downstream markets for their products lest they want to find themselves at the mercy of a cut-throat spot market. And I am not talking about some nice and cuddly meetings with consuming countries politicians. I am talking about real bare-knuckles, boot-strapping market development. And as the markets turn sour on fossil fuels, they will have to chip into some image marketing for gas as well. They don’t want to do that? Sitting pretty in plush offices and waiting for LNG Buyers to beat a path to their door does not cut it anymore. Has anyone told them?

Interview: Novatek steps on gas pedal with Arctic LNG 2 construction, plans downstream LNG business in Germany and Poland

Russia’s Novatek is pressing ahead with the construction of its second Arctic liquefied natural gas export project, while in the meantime also planning to develop LNG downstream business in Germany and Poland, according to the…

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