The Ukrainian crisis can postpone the launch of Yamal LNG
Edited by Rhod Mackenzie / 2014-05-19 04:16:00
Oil and Gas Russia Ukraine Russia Oil and Gas Ukraine Oil and Gas Gas LNG Novatek Oil Production and Refining Total Oil
The Ukrainian crisis can postpone the launch of Yamal LNG, the chief of Total C. de Margerie claims at the shareholders session. They await the problems with financing of the project and with the access to some materials. However, the consequences will be small and will influence only the terms of execution of the project. The project can be financed by the Chinese banks instead of European.