MOSCOW, March 10 (Reuters) – Russia's Novatek plans to launch its first train with 5.5 million tonnes of annual LNG capacity in Yamal in 2017, and this will require no additional financing, Stanislav Shevkunov, a department head at Novatek, told reporters on Thursday.
Yamal LNG is trying to raise above $10 billion in external financing, mainly from China, for the project, Russia's only second LNG plant. All in all, Yamal LNG should consist of three trains - with a total annual capacity of 16.5 million tonnes.
(Reporting by Olesya Astakhova; writing by Katya Golubkova; editing by Dmitry Solovyov)
Copyright 2016 Thomson Reuters. Click for Restrictions.
WHAT DO YOU THINK?
Click on the button below to add a comment.
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.
Most Popular Articles
From the Career Center
Jobs that may interest you