Putin and Le Pen did not talk about National Front's financing — KremlinRussian Politics & Diplomacy March 24, 15:07
Kremlin expects ex-Duma member’s murder to be investigated thoroughlyRussian Politics & Diplomacy March 24, 15:05
Putin supports Russian Central Bank's tactics and strategyBusiness & Economy March 24, 14:45
Vatican museum makes exception for Tretyakov Gallery exhibitionSociety & Culture March 24, 14:41
UK police confirm at least 50 injured in Westminster attack, two more suspects arrestedWorld March 24, 14:31
National Guard units in North Caucasus on high alert after gunmen’s attackMilitary & Defense March 24, 14:25
Putin meets France's Le Pen in KremlinRussian Politics & Diplomacy March 24, 14:18
Ukraine’s Security Service confirms Russian MP’s assassin had military backgroundWorld March 24, 14:17
Russian Aerospace Force to receive 200 medium-range aircraft missiles in 2017Military & Defense March 24, 14:14
MOSCOW, March 15. /TASS/. Novatek closed the transaction on sale of 9.9% stake in Yamal LNG project to the China’s Silk Road investment fund. The payment for the stake amounted to €1.087 bln, the Russian gas producer said on Tuesday.
The project shareholding structure after the deal completion is: Novatek - 50.1%, Total - 20%, CNPC - 20%, and the Silk Road Fund - 9.9%. Novatek received a 15-year loan from the Silk Road Fund for project financing purposes in December 2015 within the transaction framework.
Yamal LNG is a large scale project on creating a liquefied natural gas production facility with 16.5 mln tonnes per year capacity on the base of the resources in Russia’s Yamal peninsula. The launch of LNG production is scheduled for 2017.