Insight
Yamal LNG completes project financing package
Report summary
On 29 April 2016, Yamal LNG signed financing deals with the Export-Import Bank of China and the China Development Bank. This marks the closure of the project financing package, which is sufficient to complete the construction of the project without the need for significant additional shareholder funding. This is a landmark event for Yamal LNG (NOVATEK 50.1%, Total 20.0%, CNPC 20.0% and Silk Road Fund 9.9%), as attracting external financing had been a key obstacle for the project following US sanctions.
Table of contents
- Yamal LNG completes project financing package
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This report includes 2 images and tables including:
- Project finance package summary
- Yamal LNG location
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