27 April 2024
Novatek eschews US technology for Arctic LNG 2
Publication date: 05 May 2017
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Novatek has dropped the US-owned Air Products liquefaction technology used at Yamal LNG and opted for German hardware instead for its new plant, Arctic LNG 2 – prompting some to speculate whether sanctions motivated the switch.
The Russian independent penned an agreement under which it will purchase Linde’s liquefaction technology licence for the Arctic LNG 2 project, claiming the breakaway will improve the economics of the scheme.