Pause operations: company temporarily curtailing operations while keeping return options open

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Wison New Energies, a leading provider of clean energy technology service and solutions, is committed to providing the energy industry with new technologies.

 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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The Company Statement
June 21, 2024

One of the main technological partners of NOVATEK (MOEX: NVTK) - the Chinese Wison New Energies - stops working in the Russian Federation. The company is one of the manufacturers of modules for the Arctic LNG-2 project and should help NOVATEK with the construction of an onshore power station for the LNG plant under construction. The plans of Wison New Energies may also affect its subsidiary Wison (Nantong) Heavy Industry, from which Rosatom ordered the construction of buildings for the floating power units of the Baimsky Mining and Processing Plant.

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Statements Archive
July 08, 2024China decides to return equipment sent to Russia's largest LNG project due to sanctions
June 25, 2024Wison Becomes First Chinese Yard to Quit Russian Market
June 21, 2024One of NOVATEK’s main technological partners, the Chinese Wison New Energies, is ceasing to operate in the Russian Federation, the company announced on June 21, 2024 on social networks
June 21, 2024NOVATEK's Chinese technology partner Wison announced its withdrawal from projects in the Russian Federation
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