Novatek looking to borrow €1 billion for the Yamal LNG project

Published by David Rowlands, Editor
LNG Industry, Friday, 25 November 2016 09:45

According to Reuters, the Chief Executive of Novatek, Leonid Mikhelson, has stated that the company is currently in negotiations with both European and Japanese lenders to borrow over €1 billion for the Yamal LNG project.

Reportedly, the company is in discussions with a number of European financial institutions, as well as the Japan Bank for International Cooperation (JBIC).

Reuters reports that the CEO of JBIC, Tadashi Maeda, recently said that the bank would sign a contract to provide Novatek with a €200 million loan in December for the Yamal LNG project.

Read the article online at: https://www.lngindustry.com/liquefaction/25112016/novatek-looking-to-borrow-1-billion-for-the-yamal-lng-project/

Sempra Infrastructure and EQT announces long-term LNG SPA

Friday 29 August 2025 15:00

Sempra Infrastructure and EQT Corp. have announced a 20-year definitive sales and purchase agreement for the supply of 2 million tpy of LNG offtake from the Port Arthur LNG Phase 2 development project.

You might also like