European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Energy

Glencore and NOVATEK sign Heads of Agreement on LNG Supply

by Editor
June 2, 2021
A A
Share on LinkedinShare on Twitter

Glencore is pleased to announce as part of today’s Saint Petersburg International Economic Forum (SPIEF) that one of its affiliates and NOVATEK Gas & Power Asia Pte. Ltd have signed a Heads of Agreement (“Agreement”) for the long-term supply of LNG from the Arctic LNG 2 project.

The Agreement establishes the key commercial terms for the long-term supply in excess of 0.5 million tons of LNG per annum. The LNG will be delivered to a number of locations in East Asia.

Ivan Glasenberg, CEO of Glencore, noted:

“We are pleased to sign this Heads of Agreement with Novatek, one of the leading LNG producers globally. Delivering long-term LNG supply into Asia is one example of how we are supporting our customers’ energy transition journey.”

Alex Sanna, CEO of Oil Marketing, commented:

“This transaction is another building block in our LNG marketing business. LNG remains one of the key growth pillars of our strategy and we will continue to assess the exciting opportunities we see in the market.”

Tags: < Market

Related Industries

Energy

ABB invests in Direct Current microgrid start-up Direct Energy Partners to accelerate energy transformation

March 9, 2023
Energy

GE Renewable Energy continues to add wind power to Lithuania

March 3, 2023
Energy

Giants of industry, manufacturing and finance back UK green hydrogen pioneer GeoPura with £36m investment

February 22, 2023
Energy

Shell completes acquisition of renewable natural gas producer Nature Energy

February 21, 2023
Energy

wpd selects GE Renewable Energy on three onshore wind projects in Germany

February 15, 2023
Energy

Wärtsilä appoints Saara Tahvanainen as Executive Vice President, Marketing and Communications and a member of the Wärtsilä Board of Management

February 7, 2023

Leasys and Free2move Lease Consolidation: New Top Leadership Announced

March 3, 2023

...

Carrier Makes Donation to the European Food Banks Federation to Help Reduce Food Insecurity in Europe

March 8, 2023

...

Interview with Mr. Sébastien Huron, CEO, Virbac group

March 6, 2023

...

Choy van der Hooft-Cheong becomes new chair of Talent naar de Top

March 11, 2023

...

default

Voith Hydro opens new center of competence for generator components

March 8, 2023

...

CHANGES IN HOLCIM’S BOARD OF DIRECTORS LEADERSHIP

February 25, 2023

...

Amazon named as a “Top Employer 2023” in Europe

March 1, 2023

...

Xiaomi Begins Product Carbon Footprint Assessment and Champions Sustainable Living Awareness

February 27, 2023

...

Huawei’s Green Target Network and 5G Smart Ocean Projects Win Multiple GTI Awards

March 4, 2023

...

SGS Signs Agreement to Sell its Automotive Asset Assessment and Retail Network Services Operations to Macadam

March 3, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist