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/

Argent LNG launches EPC review and pre-filing process with FERC

Tuesday 15 July 2025 15:00

Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.

You might also like