“Silk Road” of China has issued 700 mln euro for “Yaml LNG”

​The “Silk Road” Fund of China has issued 700 mln euro to finance “Yamal LNG”, Novatek’s head, L. Mikhelson, said.

In the near future Novatek expects the attraction of the rest part of financing.

Yamal LNG is a plant on the basis of ht South-Tambey deposit in Yamal. 3 stages of 5.5 mln tons of LNG a year each are planned. The launch is planned for 2017, reaching the project capacity – for 2021.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer