Yamal LNG Costly, Says Putin

摘要

Top Russian gas independent Novatek’sflagship Arctic Yamal LNG project is likely toneed around 1 trillion rubles ($35.9 billion)worth of investment, Russian Prime MinisterVladimir Putin says, with the governmentprepared to finance the construction andmaintenance of a new purpose-built port tohandle LNG shipments to world markets.“The total volume of investments is 900billion, around 1 trillion [rubles], andperhaps even more, considering all the re-quired infrastructure,” Putin said in anaddress to his United Russia party confer-ence on the development of the Urals re-gion out to 2020.