Russia's Novatek in talks with Indian companies on LNG, may consider rupees

on the supply of LNG and may consider taking payments in rupees, the company's head Leonid Mikhelson said on Monday.

He also said consumers in Europe, which have imposed sanctions on Russia over its actions in Ukraine, were interested in Russian LNG, which has not been placed under restrictions, and that no buyers under long-term contracts wanted to terminate them. Russia supplied Europe with some 17 million tonnes of LNG last year, up about 20% from 2021 volumes, Refinitiv Eikon data showed on Tuesday, mitigating the impact of a steep decline in Russian pipeline gas exports.

Europe has increased imports of seaborne LNG - gas transported in liquid form at minus 160 degrees Celsius - in response to the cut in pipeline gas supplies from Russia caused by a deep political crisis over Ukraine.

So how's the project going on

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indian market regulator seeks beneficial ownership details of foreign investors -sourcesIndia's market regulator has written to custodian banks to share details of beneficial owners of offshore funds and foreign portfolio investors, according to two sources directly aware of the matter. Adani became super rich under its watch SEBI didn't question anything What is the policy in US or other places in Europe?
Source: Reuters - 🏆 2. / 97 Read more »