Japan’s Mitsui and Mitsubishi take 10 percent stake in Novatek’s Arctic LNG 2

The Japanese investors beat out potential interest from Saudi Arabia to secure the final stake in Novatek's second Arctic LNG project.

By Malte Humpert, High North News June 6, 2019
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Mitsui & Co. and Mitsubishi Corporation, two of Japan’s largest general trading companies will acquire a 10 percent stake in the Arctic LNG 2 project. This investment will complete Novatek’s search for investors for its latest project.

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