Photo: Illustration only; Courtesy of Novatek

Russian Novatek expands its LNG supply to Vietnam

Russia’s largest independent natural gas producer Novatek has established its representative office in Hanoi to supply LNG to the Vietnamese market.

Russian Novatek expands its LNG supply to Vietnam
Illustration only; Courtesy of Novatek

Novatek set the representative office to push its expansion into the global gas markets. Also, providing continuous support for the company’s energy projects in Vietnam is a reason.

Therefore, its main goal will be to interact with partners, state-owned and private companies of the Socialist Republic of Vietnam. Together they will define and develop new projects to supply LNG from Novatek’s portfolio.

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Leonid V. Mikhelson, chairman of the management board, said this offers the company the prospects of developing energy projects in the growing Asian Pacific region. Additionally, he sees it as of strategic importance in delivering affordable and secure LNG in a sustainable manner.