Novatek shifts the brunt of Yamal LNG financing to CNPC
Edited by Rhod Mackenzie / 2014-01-28 11:29:29
Novatek owning 60% in Yamal LNG, the Russia largest gas liquefying project costing $27 billion will invest to the project by three times less than the shareholding participation presupposes. CNPC will bear most of investment; it got 20% in the project in December 2013. However Novatek continues looking for new partners that can get up to 10% in the project.
