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India in talks to buy 9.9per cent stake in Russia's Arctic LNG 2 project, Ifax reports

MOSCOW : India is in talks with Russian energy producer Novatek to buy a 9.9per cent stake in the Novatek-led Arctic LNG-2 project, the Interfax news agency cited an unnamed source as saying on Monday.

Besides Novatak, Arctic LNG-2's stakeholders include CNPC, Total, CNOOC and a consortium of Mitsui and JOGMEC.

(Reporting by Anton Kolodyazhnyy; Writing by Tom Balmforth; Editing by Edmund Blair)

Source: Reuters

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