Sberbank and Gazprombank insure loan for 3.6 billion euro, given for Yamal LNG
Edited by Rhod Mackenzie / 2016-05-06 07:16:46
Sberbank and Gazprombank have insured loan, issued for the project of Yamal LNG.
As it became known on the May 5, 2016, the Russian Agency for the Insurance of Export Credits and Investments (EKSAR), Sberbank and Gazprombank signed an agreement for insurance of the credit for Yamal LNG.
As part of the agreement, EKSAR provided Sberbank and Gazprombank the credit insurance in the amount of 3.6 billion euro for 15 years, given to Yamal LNG to create the gas extraction and LNG production.
