TOKYO (Sputnik) — Russian gas company Novatek invites Japanese business to invest in a wharf in the Barents Sea, which is part of a larger project to produce liquefied natural gas (LNG) in the Arctic, the company's chief said Monday.
"We’d like to invite Japanese companies to take part in the implementation of this major project," Novatek CEO Leonid Mikhelson said at a Russia-Japan trade and industry forum in Tokyo.
Novatek has been given the go-ahead from the Russian authorities to build a string of high-capacity facilities in the Kola Bay to produce liquefied natural gas.
"For this reason, Novatek plans to build a wharf in the Murmansk region, which will serve as a platform for sharing and localizing know-how technologies in Russia," the company’s chief executive said.
