China to Lend $12B to Novatek-Led Yamal LNG



Reuters

MOSCOW, Sept 11 (Reuters) - Chinese banks are expected to lend $12 billion to the Novatek-led Yamal LNG project, Leonid Mikhelson, chief executive of Novatek, Russia's biggest non-state gas producer, was quoted as saying by Interfax news agency on Friday.

Mikhelson added that the funds were expected in a maximum of four months.

(Reporting by Katya Golubkova; Editing by Alexander Winning)



WHAT DO YOU THINK?


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

RELATED COMPANIES