Russia’s Novatek Looks to Market LNG in China
Russia’s natural gas producer Novatek is offering liquefied natural gas to potential Chinese customers through a new marketing team, although it’s uncertain whether the Russian company would attract many clients with attractive prices, Chinese traders told Reuters on Wednesday. Novatek is now offering part of an LNG cargo from its majority-owned Yamal project in the Arctic. The cargo is set to arrive in China later in July, the China-based trading sources told Reuters. However, traders doubt the Russian company would…