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Novatek says Japan, China may boost Arctic LNG 2 funding as EU cools
Aggregated Source: ChinaLegalBlog.com

News wire — Japanese and Chinese banks may provide more funding for Russia’s Arctic LNG 2 project amid a lack of support from European governments, Leonid Mikhelson, head of the project’s major shareholder Novatek, said on Friday. Shareholders in Russia’s Novatek this year approved external financing of $11 billion for the Arctic LNG 2 project, which is expected to start production of liquefied natural gas (LNG) in 2023.…

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