Russian producer Novatek is poised to bring in Chinese investors for its new arctic LNGC shipping venture with Sovcomflot.

"An interesting deal will be signed at the Far Eastern forum between Novatek, Sovcomflot and Chinese partners," the Kommersant daily cited Russian economic development minister Maxim Oreshkin as saying on the sidelines of a Moscow financial forum.

Kommersant reported that state shipowner Cosco and the state Silk Road Fund would take a 49.9%