Chinese banks to grant $13.5 bln to “Yamal LNG”

The shareholders of “Yamal LNG” are about to receive project financing before the end of the year. CFO of French Total Patrick de La Chevardiere asserted during the phone conference.

According to him, Chinese banks are ready to grant $13.5 billion. “We expect financing before the end of the year. I mean loan drawing,” he said.