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Today's paper. Last Updated: 02/08/2012

$260Bln for Yamal’s Gas

Russia may spend as much as 8 trillion rubles ($260 billion) in the next 25 years to develop gas projects on the Yamal Peninsula, Vedomosti reported Tuesday, citing government documents.

That includes 858 billion rubles required for a liquefied natural gas project that is being developed by Novatek, the paper reported.

(Bloomberg)




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