Mitsui, Saudi Aramco, Russia’s RDIF in talks to buy Arctic LNG 2 stakes, sources say

Novatek will keep a controlling stake in its second Arctic LNG project but could offer 30 percent or more to several outside investors.

By Oksana Kobzeva, Katya Golubkova and Rania El Gamal, Reuters December 21, 2018
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MOSCOW/DUBAI — Japan’s Mitsui Co Ltd, Russian sovereign wealth fund RDIF and Saudi Aramco are in talks to buy stakes in Novatek’s Arctic LNG 2 project, with the size of the investments still to be decided, sources familiar with the talks told Reuters.

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