Novatek Signs Preliminary LNG Supply Deal With Vietnam

Novatek CEO Leonid Mikhelson announced a preliminary deal to supply liquefied natural gas to Vietnam. The move comes as Russia seeks new energy markets.

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PAO Novatek, the largest producer of liquefied natural gas in Russia, has reached a preliminary agreement to supply fuel to Vietnam. CEO Leonid Mikhelson confirmed the deal during an interview with Russian state television on Monday, noting that the company is prepared to commence deliveries in the near future.

The logo of Russian natural gas producer Novatek is displayed on a board at the St. Petersburg International Economic Forum in Saint Petersburg, Russia, June 5, 2024. REUTERS/Anton Vaganov
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