Novatek CEO: Investments in Yamal LNG Project Reached $15 bln
Total investments in the Novatek (NVTK.ME)-led Yamal LNG project have reached $15 billion, Leonid Mikhelson, Novatek chief executive, told Russian President Vladimir Putin on Monday.
He added that Chinese investors had provided around $5 billion and French partners around $3.7 billion, while around $2.3 billion came from Russia's National Wealth Fund.
Mikhelson also said Novatek planned to close the deal to sell a 9.9 percent stake in Yamal LNG to China's Silk Road Fund "within weeks".
(Reporting by Denis Dyomkin)
