Novatek-led Yamal LNG Agrees on $4.1B Loan from Russian Banks


MOSCOW, April 7 (Reuters) - Russia's Novatek-led Yamal LNG project said in a statement on Thursday it had agreed on terms of a 3.6 billion euro ($4.11 billion) loan from Sberbank and Gazprombank.

It added that the loan would last for up to 16 years, with interest rate set at six-month EURIBOR plus margin of up to 4.8 percent.

(Reporting by Katya Golubkova; Editing by Biju Dwarakanath)

Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post 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.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
US Houston: Attorney (Environmental Law)
Expertise: Environmental Engineer|Legal
Location: Houston, TX
Marketing Intern Job
Expertise: Marketing|PR / Corporate Communications|Student / Recent Grad
Location: Minneapolis, MN
United States Houston: HR Operations Partner
Expertise: Business Development|HR - General
Location: Houston, TX
search for more jobs

Brent Crude Oil : $52.42/BBL 2.12%
Light Crude Oil : $49.51/BBL 2.35%
Natural Gas : $3.17/MMBtu 2.25%
Updated in last 24 hours