NOVATEK Ships First LNG Cargo
OREANDA-NEWS. NOVATEK announced today that Novatek Gas & Power, a wholly owned trading subsidiary of NOVATEK, has supplied its first LNG cargo sourced from the Trinidad & Tobago LNG plant, to Chile, port Quintero.
Deputy Chairman of Management Board - Commercial Director of NOVATEK Lev Feodosyev noted: “This first LNG cargo is an important milestone for NOVATEK to enter the global LNG market. After the launch of the first train of the Yamal LNG project we will enter the LNG market with our own volumes, and gaining spot trading experience is important for us”.
Novatek Gas & Power is a 100% trading subsidiary of NOVATEK involved in sales of gas and liquid hydrocarbons on the international markets.