More than 40 Chinese insurance firms and asset managers have conjointly launched an investment company, increasing 40 billion yuan ($6 billion) for a first fund to finance energy and infrastructure projects overseas, as stated by China's insurance regulator.
read more... 05/01/2016
Russia's Yamal LNG project, which is run by second gas producer Novatek, declared on Friday it will place bonds estimated at $2.3 billion with the finance ministry on Monday as collateral for funds it has obtained from the government.
read more... 23/11/2015
Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015
Russia's second-largest gas producer Novatek is on the brink of selling a 9.9 percent stake estimated at approximately $1.4 billion in its Yamal liquefied natural gas (LNG) project to a Chinese investment fund, as stated in the Kommersant business daily on Monday.
read more... 26/08/2015
The Yamal-Europe gas pipeline, which supplies Russian gas mostly to Germany and Poland, is raising volumes after an interruption on Tuesday evening, as reported by Interfax news agency, quoting German operator Gascade.
read more... 12/08/2015