Russia’s Arctic LNG 2 (liquefied natural gas) project is set to receive all the planned external financing, as foreign lenders have reportedly pledged to provide about $9.5 billion in financial support.
The long list of lenders includes Chinese and Japanese banks as well as European credit and insurance firms, according to a document seen by Reuters. Asian peers are reported to have the most generous offers, with the China Development Bank providing $5 billion and the Japan Bank for International Cooperation (JBIC) offering $2.5 billion.
Continue reading https://on.rt.com/aqlm