Novatek Could Buy Out Shareholders Opposing Yamal Loan Deal

Reuters

MOSCOW, May 20 (Reuters) - Russia's No.2 gas producer Novatek recommends buying back shares from those shareholders who do not approve external financing of its Yamal liquefied natural gas (LNG) project at 594 roubles per share, it said on Friday.

(Reporting by Lidia Kelly; Writing by Dmitry Solovyov; Editing by Maria Kiselyova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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