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2014-03-27 08:05:00

NO SEES USA

NO SEES USA

REUTERS. Novatek sees no impact of U.S. sanctions on a co-owner on the progress of the Yamal LNG project, the chief executive of the second-largest Russian gas producer said on Wednesday.

Leonid Mikhelson, chief executive and co-owner of Novatek, also said the company's gas production will rise by 7 percent this year from last year's 62 billion cubic metres.

"I do not see any potential impact on Yamal LNG," Mikhelson told media, when asked if he sees the sanctions hurting the progress of the project.

The independent…

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Tags: NOVATEK, LNG, GAS, USA, TOTAL, CNPC
Chronicle:
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