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

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.