Novatek to Ship LNG to Vietnam from 2027
Novatek's first liquefied natural gas (LNG) shipments to Vietnam are set to begin in 2027, Leonid Mikhelson, the company's head, stated, according to RIA Novosti.
Consensus
- Novatek will begin its first LNG shipments to Vietnam in 207.
- Negotiations with Vietnam are in an advanced stage.
- A preliminary contract for LNG supplies was signed on March 23.
- Novatek is interested in investing in infrastructure projects in Vietnam.
- Novatek is also interested in supporting retail network projects for LNG in Vietnam.
Points of divergence
- Leonty Mikhailson stated that Vietnam's GDP growth of 8% makes it one of the best in the world, with a projected growth of 12%. — vedomosti
- Mikhailson mentioned that Novatek is discussing LNG supplies with Vietnamese companies building private reception terminals. — komersant
Coverage (2 sources)
- Novatek will begin first LNG shipments to Vietnam next year — Ведомости
- Novatek announced first LNG delivery to Vietnam in 2027 — Коммерсантъ