The shareholders of “Yamal LNG” project to grant credit at $7.4 bln for its realization

The companies-shareholders of “Yamal LNG” project asserted about the plans to grant loan at a total $7.4 billion for its realization.

The credits will be granted before 2019. It is stated in the report of “Yamal LNG” under IAS. NOVATEK has 60% in the project, Total and CNPC – 20% each. To date, NOVATEK has already opened a credit line at $1.553 billion and EUR 168.813 million.

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