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MOSCOW, May 21 (Reuters) - The supervisory board of Russian state development bank VEB has approved providing $3 billion in banking guarantees to Novatek to support its Yamal LNG project, the bank's chairman Vladimir Dmitriyev told reporters on Thursday. Dmitriyev said he hoped that under the deal no hard cash would be needed. Yamal LNG will be Russia's second plant to produce liquefied natural gas when it is completed. Total investments in the project stand at $27 billion. France's Total and China CNPC each hold 20 percent of Yamal LNG, while the rest belongs to Novatek, Russia's No.2 gas producer. (Reporting by Darya Korsunskaya; writing by Katya Golubkova; Editing by Gareth Jones)
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TOTAL
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PRODUCER |
CODE : FP.PA |
ISIN : FR0000120271 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
TOTAL is a and oil producing company based in France. TOTAL produces natural gas in Trinidad. Its main asset in production is ANGOSTURA GAS in Trinidad. TOTAL is listed in France, in Germany, in United Kingdom and in United States of America. Its market capitalisation is €UR 96.8 billions as of today (US$ 118.3 billions, € 96.9 billions). Its stock quote reached its lowest recent point on June 04, 1993 at €UR 10.01, and its highest recent level on June 02, 2021 at €UR 39.69. TOTAL has 2 440 058 000 shares outstanding. |