As he stressed, speaking at the XV Verona Eurasian Economic Forum, NOVATEK plans to launch the project on time.

“The largest LNG project in the world to be launched in the coming years will be Arctic LNG-2, which is about 70% ready.

We plan to launch it on time," TASS quoted him as saying.

Earlier it was reported that NOVATEK intends to order a floating power plant from the Turkish company Karpowership in order to provide power supply to the first line of the Arctic LNG-2 plant under construction.