Silk Road Fund is now joined by China National Petroleum Corporation (CNPC) as the two Chinese partners in the liquefied natural gas development on the Yamal Peninsula.
Project operator Novatek was reported late last month to be close to a deal to sell off a near 10% stake in Yamal LNG to Chinese state-based investor Silk Road.
London-listed Novatek confirmed on Thursday that a deal to hand Silk Road 9.9%
