70% of financing the construction of "Nord Stream" to be borrowings.
Edited by Rhod Mackenzie / 2016-04-13 07:28:18
Most of the works on construction of gas pipeline "Nord Stream-2" will be financed by borrowings, the Deputy Chairman of the Board of "Gazprom" Aleksandr Medvedev announced.
"We are committed to our major projects implemented on the basis of project financing, when 70 per cent are borrowed funds, and the remaining 30 percent – the shareholders' equity", - Medvedev stated.
