Support The Moscow Times!

Russia's Novatek in Talks With VEB for $1 Billion Loan, Report Says

Russian development bank Vneshekonombank is in talks with the Novatek gas producer about a loan of $1 billion for the Yamal LNG project, the TASS news agency cited VEB's head as saying Thursday.

The $27 billion Yamal LNG project is scheduled to start output in 2017.

Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.