NOVATEK Signs MoU with Saibu Gas

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PAO “NOVATEK” and Saibu Gas Co., Ltd. (Japan) signed a Memorandum of Understanding (MOU), whereby the parties agreed to consider potential cooperation to enter the end-customer market and optimize NOVATEK’s LNG portfolio supplies to the Asia-Pacific region by utilizing Hibiki LNG terminal in Japan.

NOVATEK’s First Deputy Chairman of the Management Board Lev Feodosyev noted: “The Asia-Pacific region is a priority destination for NOVATEK’s LNG projects. Our ability to use the Hibiki terminal will help diversify our customer base and increase the flexibility of deliveries to the premium LNG markets.”

Sea News, January 1

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