Russian Ministry of Economic Development finds that Novatek’s application for 150 billion rubles from National Wealth Fund meets requirements

Novatek’s application for project funding for the Yamal LNG from the National Welfare Fund in the amount of 150 billion rubles, "fits" all necessary parameters, said the Deputy Economic Development Minister, N. Podguzov.

"In terms of application and the project development, I can say that they are very good," - he said.

Currently the company’s application passes a comprehensive analysis in the Ministry of Economic Development.

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