Russia's Gazprombank chairman says Yamal LNG financing in final stages

October 29, 2015 3:32 PM

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MOSCOW Oct 29 A deal to raise financing for the Novatek-led Yamal LNG project in Russia is in its final stages, Chairman of Gazprombank, Andrey Akimov, told Reuters.

Gazprombank is a co-lender to Yamal LNG on the Russian side, along with Sberbank. State development bank VEB has pledged $3 billion in banking guarantees to the project.

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