Russia's Novatek has announced new supply deals with Vitol and Repsol for its LNG projects.

It said the Spanish energy company had agreed a 15-year deal to take 1m tonnes per year from the new Arctic LNG 2 development, as well as other Novatek sources.

The LNG will be delivered ex-ship primarily to markets on the Iberian peninsula.

Trader Vitol has signed an identical deal in terms of amount and time.