Novatek sells 9.9% of Yamal LNG to Chinese fund

The Yamal LNG project.

The Yamal LNG project.

Source: Novatek
Stake valued at about 1.1 billion euros.

Novatek has closed the sale of a 9.9 percent stake in the Yamal LNG project to China's Silk Road Fund (SFR), the Russian gas producer said in a statement.

The stake was sold for 1.087 billion euros.

Read more: St Petersburg to be on the ‘Silk Road’

Subscribe to RBTH's Asia-related content

* indicates required


All rights reserved by Rossiyskaya Gazeta.

We've got more than 1,8 million followers on Facebook. Join them!
Read more

This website uses cookies. Click here to find out more.

Accept cookies