European Banks Make Late Yamal LNG Loan Offer

摘要

European banks might still take part in financing Russian independent gas producer Novatek's $27 billion Yamal LNG scheme by providing a late - in - the - day $600 million loan, a source close to the project confirmed to International Oil Daily on Thursday. Novatek's shareholders will consider the loan at an extraordinary general meeting on Jun. 20, along with the recently agreed $12 billion credit line from China ( IOD May2'16 ). As the lead partner in the scheme, Novatek provides the guarantees under Yamal LNG loans.