L.Mikhelson. China is to agree on 15-year term of financing of “Yamal LNG” in July

The progress on the attraction of project financing for “Yamal LNG” is evident and NOVATEK anticipates the signing of necessary documents in mid 2015, L.Mikhelson said.

“But the document is very complicated. It will be signed by a number of export-credit agencies and banks, while the credit will be granted for a period of about 15 years. A great job is done to agree all clauses of an agreement,” he said.

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