CNPC considers the opportunity of increasing its stake in “Yamal LNG”
Edited by Rhod Mackenzie / 2015-05-05 01:29:46
CNPC considers the opportunity of increasing its stake in the “Yamal LNG” project, Financial Times reports referring to the Vice-Prime Minister of Russia, A. Dvorkovich.
“Novatek already has a partner from China in the “Yamal LNG” project and they have 20%. They consider an opportunity of increasing the stake in the project”, Mr. Dvorkovich said.
In mid April Novatek’s head, L. Mikhelson, said that Novatek planned to sell 9% in the “Yamal LNG” project until mid 2015. He didn’t name any potential buyers.
“Yamal LNG” plans until the end of 2015 to complete the construction of 45% of the LNG plant in Sabetta. Now the project is ready for 25%.
