Novatek needs $19 billion to implement Yamal LNG
Edited by Rhod Mackenzie / 2016-04-22 01:42:31
About $19 billion must be attracted to implement the Yamal LNG project, said head of Novatek Leonid Michelson on April 22, 2016.
In general, we need external financing in the amount of $ 8-19 billion, taking into account the already raised funds, - said Leonid Michelson and added that the company saw no reason for the delay with the attraction of external funding.
The total project cost is $26.9 billion. China has invested $5 billion, France - $3.7 billion.
