Chinese banks will allocate ten milliard dollars for the project «Yamal LNG»
15:12 10 ноября 2014
Категории: News in English
Chinese banks are ready to finance the project «Yamal LNG» on the sum more than 10 milliard dollars. This information was given by a shareholder of NOVATEK Gennady Timchenko to journalists.
As the businessman explains, the talk is not about dollars in general. It is planned to take this money, probably, in another currency, maybe, yuans. Deliveries of equipment from China will take place; they will be financed in Chinese currency. The process of negotiations is taking place. Besides, in his answer to the question about opportunity to sell about 9 percent of «Yamal LNG» to Chinese and Indian companies, Gennady Timchenko answers that negotiations are conducted not only with China and India. The matter is in so that the situation changed much. Therefore, potential investors start thinking and deciding if they need to be involved into this work or not. This information was given by ITAR-TASS.
As we should note, the project «Yamal LNG» foresees building of the sea port in Sabetta and the plant on production of liquefied natural gas with capacity 16 million and 500 thousand tons per year on resource base of the South-Tambey field.
Proved and probable reserves of gas in this field make 907 milliard cubic meters. Now the Russian company NOVATEK, the French company Total and the Chinese company CNPC participate in this project.