Date: 10 months ago   Category: Energy

Novatek and the Belgian Fluxys have submitted the petition for creation of the joint venture for storage of LNG in Germany — Rambler News Service


Novatek and the Belgian Fluxys have submitted to Federal antimonopoly management of Germany (Bundeskartellamt) the petition for creation of joint venture in the sphere of storage of the liquefied natural gas (LNG) in the city of Rostock, it is told in materials of department. "Fluxys and Novatek, creation of joint venture for LNG storage, Rostock", - specifies the regulator. The petition has been submitted on September 7, 2018 As it was reported earlier, in June, 2017 Novatek during the St. Petersburg International Economic Forum (PIEF-2017) has signed the memorandum of understanding with the Fluxys company. The document assumes strategic cooperation in implementation of projects of low-tonnage LNG in Europe, joint development of sales markets of LNG in Europe and Latin America, optimization of transport logistics and other fields of use of LNG.

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