The decision about allocation of funds for the project «Yamal LNG» can be taken till the end of the year
15:19 21 ноября 2014
Категории: News in English
The Ministry for economic development of the Russian Federation counts that the government can take the decision about allocation of finances from the Russian National Wealth Fund for co-financing of the project of NOVATEK «Yamal LNG» till the end of this year.
This information was given by the deputy head of the ministry Nikolay Podguzov to journalists. As he notes, the ministry is working with the request of NOVATEK in the planned mode. It is conducting evaluation of strategic and integrated substantiation. He hopes that assessment of integrated substantiation can be completed during the coming weeks. According to his words, when this part of the work is completed, the Ministry for economic development and the Ministry for finances will prepare their conclusions. Further it will be possible to prepare the passport of the project and to send it for approval to the government. The ministry plans to complete this work in December, as ITAR-TASS informs.
According to the information given before, NOVATEK gave the request for receiving of 150 milliard rubles from the Russian National Wealth Fund for the project «Yamal LNG». The Ministry for energy recognized it strategic.
As we should remind, the project «Yamal LNG» foresees building of the plant on production of liquefied natural gas with capacity 16 million and 500 thousand tons per year on the basis of the South-Tambey field, building of the airport and the sea port in the district of the settlement Sabetta.