Marine Link
Friday, November 22, 2024

Yamal LNG Project on Track, Says Russia's Sberbank

Maritime Activity Reports, Inc.

November 10, 2015

Photo: Novatek

Photo: Novatek

Russia's Yamal LNG liquefied natural gas project is on track and will be profitable even with low oil and gas prices, Sberbank Chief Executive German Gref said on Tuesday.
 
"This is the most expensive project, (it) will completely change the gas economy of the country," he told President Vladimir Putin.


(Reporting by Denis Dyomkin; writing by Vladimir Soldatkin)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week