LNG

$3.6bn funds: Novatek-led LNG scheme nets loan from Russia's largest bank

Several other lenders are set to bankroll Novatek-led LNG development project that aims to ultimately offer about 20 million tonnes of LNG to the global market

Timely decision: Russia's largest financing institution Sberbank reveals credit facility to Novatek and Arctic LNG 2
Timely decision: Russia's largest financing institution Sberbank reveals credit facility to Novatek and Arctic LNG 2Photo: REUTERS/SCANPIX
  • Vladimir Afanasiev
Moscow
Published 22 January 2021, 16:16Updated 22 January 2021, 16:16
RussiaSberbankArctic LNG 2NovatekYamal LNG