Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Russia’s Novak Visiting Japan to Discuss Oil, Gas Projects

Russia’s Energy Minister Alexander Novak will meet Japan’s Minister of Economy, Trade and Industry Toshimitsu Motegi tomorrow in Tokyo to discuss cooperation in oil and gas projects, the ministry said in an e-mail.

Novak is also scheduled to meet officials at Japanese energy companies to discuss the planned $20 billion Yamal LNG plant and other projects, said four people with knowledge of the meetings. They asked not to be identified because the information isn’t public.

Russian billionaire Leonid Mikhelson will accompany Novak on the trip, one of the people said. Mikhelson is chief executive officer of OAO Novatek, which holds 80 percent of the Yamal project. Total SA is a partner in the plan to build the LNG plant by 2017 in Russia’s arctic region. Novatek, Russia’s biggest gas producer after OAO Gazprom, may seek investors in the project, two of the people said.

The Russian company may offer a stake in the Yamal project to Chinese companies, two people with knowledge of the matter said in February. Novatek is also in talks with companies including Electricite de France SA about participating, Mikhelson said in January.

The Russian company is in an advanced talks on LNG sales from Yamal and about 80 percent of the gas is ready for signing contracts, Mikhelson said yesterday on a conference call.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.