Skip to main content

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

Published by
LNG Industry,


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/

You might also like

LNG Fuel 2020

LNG Fuel 2020

LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

LNG Industry is not responsible for the content of external internet sites.