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| Name | Symbol | Market | Type |
|---|---|---|---|
| FTSE 100 Index | FTSE:UKX | FTSE Indices | Index |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -22.89 | -0.28% | 8,121.24 | 8,178.95 | 8,111.38 | 8,144.13 | 0 | 16:35:30 |
From May 2019 to May 2024
By Adam Clark
Novatek (NVTK.MZ) said Monday that its Yamal liquefied-natural-gas joint venture in Russia has shipped its first cargo.
The Russian natural-gas producer said the 170,000 cubic meter shipment was sold to Petronas LNG UK Ltd. Sales on a long-term contract basis are expected to begin in April 2018, before which all sales will be made on a spot basis, the company said.
Novatek has a 50.1% stake in Yamal, while France's Total SA (FP.FR) and China Natural Petroleum Corp. both have 20% interests and China's Silk Road Fund has a 9.9% holding.
Shares in Novatek in Moscow at 1339 GMT were up 4.3 rubles ($0.07), or 0.6%, at 672.70 rubles.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
December 11, 2017 09:06 ET (14:06 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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