Yamal LNG might take out French loan

French banks might join the financial structures, which plan to take part in crediting of Yamal LNG. Minister of Economic Development A.Ulyukaev said.

An agreement with French banks on crediting of Yamal LNG might be signed in 2016.

Yamal LNG is valued at $26.9 billion. It was financed at $15 billion by early 2016.

NOVATEK has already signed credit agreements with the banks from Russia, China and Europe to realize the project and it continues this activity.

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