Japanese gas supplier Saibu Gas is considering a joint project with Russia's gas producer Novatek to market liquefied natural gas in the Asia-Pacific region, where Russian sales rose 58.6% to 26 billion cubic meters in 2023. The two firms previously signed a memorandum of understanding covering the temporary unloading and storage of Novatek-produced LNG at Saibu's Kitakyushu terminal. The Japanese firm is set to make a decision this year, with the scheme set to begin in 2018.
Japanese gas supplier Saibu Gas is considering a joint project with Russia's gas producer Novatek to market liquefied natural gas in the Asia-Pacific region, where Russian sales rose 58.6% to 26 billion cubic meters in 2018. The two firms previously signed a memorandum of understanding covering the temporary unloading and storage of Novatek-produced LNG at Saibu's Kitakyushu terminal. The Japanese firm is set to make a decision this year, with the scheme set to begin in 2023.