Novatek signs LNG supply deal with Repsol
Russian gas producer Novatek has signed a 15-year agreement with Repsol to supply liquified natural gas from the Arctic 2 LNG project to markets along the Iberian Peninsula. This will increase the Russian supplier's market presence along the Iberian Peninsula where Russian pipeline gas is not supplied
The Arctic LNG 2 project will supply 1m tonnes per annum of LNG to markets along the Iberian Peninsula