Russia’s Gazprom, Novatek ink liquefied gas production deal January 10, 2013 - 19:04 AMT PanARMENIAN.Net - Russian energy giant Gazprom and Russia’s largest independent gas producer Novatek have signed a deal to jointly produce liquefied natural gas (LNG) on the Yamal Peninsula in the Russian Arctic, the companies said on Thursday, January 10, according to RIA Novosti. The deal was signed by Gazprom CEO Alexei Miller and Novatek Board Chairman Leonid Mikhelson. Gazprom announced in late December 2012 it planned to create a joint venture with Novatek to develop the Tambei group of gas fields. Gazprom said at the time it planned to get a 75 percent stake in the joint venture while Novatek would hold 25 percent. Miller said on Thursday the venture, which will focus on LNG production for the Asia-Pacific region, would define the parties’ stakes and contributions by August 1 this year and will be established by the end of 2013. The Tambei group of gas fields on Yamal holds 1.56 trillion cubic meters of natural gas and could produce up to 20 million tons of LNG per year.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Henrikh Mkhitaryan wins Serie A title with Inter  Inter Milan midfielder Henrikh Mkhitaryan admits that the team have long been imagining clinching Serie A against AC Milan.Armenia not going to war over Karabakh, says Pashinyan Armenia is not preparing to fight a war for Nagorno Karabakh, Prime Minister Nikol Pashinyan said in an interview.Caring for nature, we have started with ourselves - Team Telecom Armenia Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection.Residents of border Armenian villages continue protests Residents of several Armenian communities in Tavush province continued protests into April 22 morning. |
