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/

FSRU Toscana terminal in operation until 2044

Friday 14 March 2025 14:00

OLT Offshore LNG Toscana has announced that FSRU Toscana will be in operation until the end of 2044, as a result of the extension of the useful life of the terminal.

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