Latest news
Russia: VEB provide a guarantee for $3 billion of debt to Yamal LNG
Russian development bank VEB declared on Friday it had offered a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, managed by Russian gas company Novatek.
read more... 27/06/2016
Yamal LNG project gets its first €1 billion installment
Yamal LNG, a project operated by Novatek said on Friday it has received the first tranche of financing in the amount of €1 billion provided by Sberbank and Gazprombank under a loan agreement signed in April 2016.
read more... 13/06/2016
China investors offer $12 billion loan for Russia's Yamal LNG project
Russia's Yamal liquefied natural gas project has obtained a loan from Chinese lenders estimated at $12 billion and denominated in euros and Chinese yuan, as indicated by sources familiar with the transaction.
read more... 29/04/2016
Russia's Novatek finalizes transaction to sell Yamal LNG stake
Russia's No.2 natural gas producer Novatek declared on Tuesday it has accomplished the transaction to vend a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund for 1.09 billion euros ($1.2 billion).
read more... 16/03/2016
Russia's Novatek will inaugurate first Yamal LNG train with no extra financing
Russia's Novatek intends to inaugurate its first train with 5.5 million tonnes of yearly LNG capacity in Yamal in 2017, and this will involve no extra financing, as stated on Thursday by Stanislav Shevkunov, a department manager at Novatek.
read more... 11/03/2016