RUSSIAN YAMAL LNG
PE - The development of Novatek's still-expanding Yamal liquefied natural gas project has so far proved to be largely immune from Western sanctions. As Asian demand surges, this is bolstering confidence among partners lining up to provide financing for the company's second LNG project on Russia's Arctic coast.
Funded by Chinese banks and part-owned by Total, the Yamal project represents the centrepiece of the Kremlin's efforts to develop LNG exports to rival Qatar and the US.
In early August, Novatek launched the project's second train even…
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