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China acquires 20 percent stake in Novatek’s Arctic LNG 2 Project

Two Chinese national petroleum companies each secured a 10 percent share in the project, the Russian company's second major one in the Arctic.

By Malte Humpert, High North News April 30, 2019
3879

China continues to invest in Arctic natural resources as two Chinese national oil companies secure a 20 percent stake in Novatek’s massive Arctic LNG 2 project.

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