Circumventing sanctions: Yamal LNG becomes a precedent
... technological and financial constrains. What’s more, the LNG plant facility will be realized with the financial help of major Chinese banks, which is another “slap in the face” for the loud-mouthed US neocons. Yamal’s liquid natural gas venture is located in the deep arctic region of Russia. Shareholders of the Yamal LNG project include Novatek (50.1%), France’s Total (20%), CNPC (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,...
16.05.2016