The first tranche of bank credit for Yamal LNG project expected in Q2 of 2015

The first tranche of the bank loan for the Yamal LNG project is expected in the second quarter of 2015, head of Novatek Leonid Michelson said during the company’s phone conference.

"We plan to get decision of credit committees and banks, involved in project financing, in the second quarter," - he said.

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