Russia's Novatek Sees Yamal LNG Financing in 2-3 Months

Reuters

MOSCOW, March 9 (Reuters) - Russian gas producer Novatek expects its Yamal LNG project to secure external financing in the next 2-3 months, Interfax news agency quoted Leonid Mikhelson, Novatek chief executive, as saying on Wednesday.

Western sanctions imposed over Moscow's role in the Ukraine crisis have made it harder for Novatek to raise funds for the Yamal project, which is due to start producing liquefied natural gas (LNG) in 2017.

(Reporting by Polina Devitt; Editing by Alexander Winning)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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