Vnesheconombank is ready to give guarantees for the project «Yamal LNG»
15:47 9 февраля 2016
Категории: News in English
Vnesheconombank took the decision about giving guarantees on 3 milliard dollars for the project «Yamal LNG». But the transaction should be packed in full degree, as the head of VEB Vladimir Dmitriyev informs.
In other words, the participants, on who «Yamal LNG» counts, including from the side of foreign banks, should take the final decision. At the moment, when the project is started up in the sense of financing, the necessary documents on giving guarantees will be signed, as he explains.
The law about ratification of the protocol to the Russian-Chinese intergovernmental agreement about purchase of a share in the project «Yamal LNG» by the Silk Road Fund was signed by Vladimir Putin in the end of January, as neftegaz.ru reminds. Embodiment of this transaction will allow attracting more than 2 milliard dollars of investments of the Chinese fund.
Within the meeting with Vladimir Putin the head of the company «NOVATEK» Leonid Mikhelson told that the project «Yamal LNG» had been financed in the amount 15 milliard dollars. The Chinese partners allocated about 5 milliard dollars, the French partners – 3 milliard and 700 million dollars.
The project «Yamal LNG» supposes development of the South-Tambey field and building of the plant with the capacity 16 million and 500 thousand tons of liquefied natural gas per year and one million tons of gas condensate. The first stage of the plant should be started up in 2017. The total cost of the project is evaluated in 26 milliard and 900 million dollars.