NOVATEK secures line of credit for Yamal LNG project
- OAO NOVATEK
- Sberbank of Russia
- China National Petroleum Corp
- Silk Road Fund (SRF)
OAO NOVATEK, Russia's largest independent natural gas producer, has signed a loan agreement with Sberbank and Gazprombank. The loan will be used as part of the financing package for the company’s liquefied natural gas project Yamal LNG, which is located in northern Russia.
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