China's CNPC: Russia's Yamal LNG to get loans of around $10 billion

MOSCOW, April 21 Russia's Yamal LNG task,
which is expected to commencement producing liquified gas succeeding
yr, leave find about $10 1000000000 in loans from Chinese
banks in May, an functionary at Chinaware Home Crude Corporation
(CNPC) aforesaid on Thursday. "It has been nigh distinct, the negotiation with the banks are
afoot," CNPC's Kickoff V.p. Wang Zhongcai told
reporters in Moscow.

Russia's Novatek holds 50.1 pct in Yamal LNG;
France's Add and CNPC controller 20 pct apiece; and
Chinaware's Silk Route Stock bought a 9.9 percentage gage for 1.09
million euros ($1.2 1000000000000) finis month.


($1 = 0.8838 euros)

(Reportage by Olesya Astakhova; Composition by Vladimir Soldatkin;
Redaction by Andrew Osborn)