Yamal LNG has contracts to supply 80% of gas to Asia

Yamal LNG will mainly supply gas to customers in Asia, CEO Yevgeny Kot told journalists.

Yamal LNG already has contracts for about 95% of the LNG it will produce (approximately 15.5 million tonnes). Contracts with customers in Asia cover about 80% (roughly 13.5 million tonnes), the company said in materials.

Yamal LNG also has a contract to supply 2.5 million tonnes of LNG a year to Spain's Gas Natural Fenosa.

Read more: Asia's race for the north: What are new players looking for in the Arctic?>>>

All rights reserved by Rossiyskaya Gazeta.