USD 63.9542

-0.06

EUR 71.1299

+0.23

BRENT 59.29

-0.01

AI-92 42.27

0

AI-95 46.03

0

AI-98 51.79

-0.04

Diesel 46.19

+0.03

27

NOVATEK, CNPC and Chinese banks conclude memorandum on project financing for Yamal LNG

Today, OAO NOVATEK, China National Petroleum Corporation and a consortium of Chinese financial institutions concluded a memorandum on project financing for the Yamal LNG project.

NOVATEK, CNPC and Chinese banks conclude memorandum on project financing for Yamal LNG NOVATEK, CNPC and Chinese banks conclude memorandum on project financing for Yamal LNG

Today, OAO NOVATEK, China National Petroleum Corporation and a consortium of Chinese financial institutions concluded a memorandum on project financing for the Yamal LNG project.

 

According to the memorandum, the Chinese commercial banks – China Development Bank Corporation, Industrial and Commercial Bank of China, Bank of China and China Construction Bank, – will consider actively participating in the external project financing transaction of Yamal LNG project.

 

Final documentation with the Chinese commercial banks will be executed simultaneously with all of the other lenders participating in project financing of Yamal LNG, including, but not limited to, foreign export credit agencies, international and Russian commercial banks and other financial institutions.

Source : Neftegaz.RU