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/

EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects

Friday 19 April 2024 12:15

The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.

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