Sberbank has opened a credit line to Novatek for 50 bln roubles for 3 years

​Sberbank has opened a credit line to Novatek for 50 bln roubles for 3 years, Novatek reports,

The date of full settlement of the loan is not later than on September 24th 2018.

Previously the co-owner of Novatek, G. Timchenko, said that the company would work with the Russian banks as there are problems with international financing due to the sanctions. He said that the periods of realization of the projects are not changed due to the sanctions.

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