Sberbank CIB gives a loan in the amount of $2.94 billion to Yamal razvitie

Sberbank CIB has given a loan in the amount of $2.94 billion to Yamal razvitie (a joint venture of Novatek and Gazpromneft).

According to the bank’s report, money was used to purchase 60% of Arctic Russia B.V. from Italian company Eni S.p.A.; in turn, Arctic Russia B.V. has 49% in Severenergia.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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