Novatek is forging ahead with Arctic LNG 2.

Novatek is forging ahead with Arctic LNG 2.

November 27, 2020 | Budapest Energy Summit | News 2020

Project partners said that the project’s overall completion is at 29 per cent.
The project’s participants include Novatek (60 per cent), Total (10 per cent), CNPC (10 per cent), CNOOC (10 per cent) and the consortium of Mitsui and JOGMEC (10 per cent).
The partners noted the Arctic LNG 2 project implementation is progressing well despite the COVID-19 pandemic.

The concrete casting of the first GBS platform is 67 per cent complete, the statement reads.
Novatek added that the module fabrication yards are working at full capacity. Modules are expected to be completed and shipped according to schedule. The modules fabrication progress for the first GBS is at 46 per cent.