NOVATEK can attract two more partners to Yamal LNG
Edited by Rhod Mackenzie / 2013-11-28 05:04:58
NOVATEK can attract two more partners to Yamal LNG, Vedomosti reports. Two years ago Total bought 20% of the project for $425 million, in September CNPC agreed to buy 20% for $1 billion. NOVATEK will keep the controlling ownership and sell the remaining 10% minus share to one more investor. The Japanese (Mitsui and Mitsubishi) and Indian (ONGC, Indian Oil and Petronet LNG) consortiums contend to this share.