Circumventing sanctions: Yamal LNG becomes a precedent
... (20%), and China’s Silk Road Fund (9.9%). The project’s proven and probable natural gas reserves are estimated at 926 billion cubic meters. Yamal LNG will have three lines, each with a capacity of 5.5 million tons for a total of 16... ... annual production capacity will be transported to the Asia-Pacific region, out of which China will receive 3 million tons. The project is expected to become operational in... ... friend of Russia’s President Vladimir Putin. In 2014 Novatek was put on the US sanctions list, which forbid financing the company. This greatly endangered the realization...
16.05.2016