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Mitsui & Co and JOGMEC pick up 10% stake in Arctic LNG 2

A deal signed with Novatek has used an investment vehicle jointly formed by the Japanese duo to invest in a 10% equity stake in Arctic LNG 2. This is Mitsui & Co's second investment in an LNG project in the Russian Arctic

The 19.8m tonnes per annum Arctic LNG 2 is expected to start production in 2023

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