The Ministry for finances purchased bonds of «Yamal LNG» on 75 milliard rubles
12:28 24 февраля 2015
Категории: News in English
The Ministry for finances purchased bonds of «Yamal LNG» on 75 milliard rubles from the Russian National Wealth Fund. The bargain took place within the first tranche of means of the Russian National Wealth Fund; another one on the same sum of money is expected till the end of the year, as RIA «Novosti» informs.
In total the company plans to attract 150 milliard rubles from the Russian National Wealth Fund. The Russian government approved such sum of money in the end of December last year. Redemption of the bonds is foreseen by installments from 2022 to 2030.
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 base of the South-Tambey field. Proved and probable reserves of gas in the field make 907 milliard cubic meters of gas. The project foresees creation of transport infrastructure, including the sea port and the airport in the district of the settlement Sabetta in Yamal. The project is fulfilled by NOVATEK together with Total (France) and CNPC (China).
At the present time building of objects of «Yamal LNG» is completed on 25 percent. It is planned to input the first stage of the plant to operation in 2017.