NOVATEK secures North-Gydanskiy license area in Russia
Russian natural gas producer NOVATEK said that its fully-owned subsidiary Arctic LNG 1 has secured the North-Gydanskiy license area in Russia for a one-time payment of RR 775.4 million. Arctic LNG 1 won the 30-year license through an auction, giving it rights for geological survey, exploration, and production in the subsoil license area. The license […]