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NOVATEK intends to enter Africa NOVATEK is ready to offer its African partners its own liquefied natural gas (LNG) technology and the resource itself for energy production, said Sergey Soloviev, the company's vice chairman of the board and director of advanced projects, at the third Russia-Africa summit. "We are interested in a long-term partnership and are ready to work together on specific projects and locations," he said. According to him, the market in question in the coming period is about 20-30 million tons, considering the pent-up demand, or about 7% of the global LNG market. "And almost all of this demand today is not met by contracts or terminals. The most vulnerable link in this picture is a landlocked country. Almost a third of the continent has no access to ports and is dependent on its neighbors. In these countries the rates of access to electricity are the lowest on the planet. These are South Sudan, Chad, Malvia, but the missing reason of Chad, Malvia is not like that. The absence of the energy resource route goes through someone else's port and every link is price, time and risks all routes are connected to the coast.

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NOVATEK intends to enter Africa NOVATEK is ready to offer its African partners its own liquefied natural gas (LNG) technology and the resource itself for energy production, said Sergey Soloviev, the company's vice chairman of the board and director of advanced projects, at the third Russia-Africa summit. "We are interested in a long-term partnership and are ready to work together on specific projects and locations," he said. According to him, the market in question in the coming period is about 20-30 million tons, considering the pent-up demand, or about 7% of the global LNG market. "And almost all of this demand today is not met by contracts or terminals. The most vulnerable link in this picture is a landlocked country. Almost a third of the continent has no access to ports and is dependent on its neighbors. In these countries the rates of access to electricity are the lowest on the planet. These are South Sudan, Chad, Malvia, but the missing reason of Chad, Malvia is not like that. The absence of the energy resource route goes through someone else's port and every link is price, time and risks all routes are connected to the coast.

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