Japan Makes Arctic Gas Move With $400 Million Yamal LNG Loan

  • Japan’s JBIC to explore Artic LNG after Yamal loan finalized
  • Novatek hasn’t chosen Artic LNG partners; output seen in 2022

Novatek OJSC-led Yamal LNG, the biggest project to produce liquefied natural gas in the Arctic, will get $400 million in financing from the Japan Bank for International Cooperation, the bank’s chief said.

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