Russia’s National Welfare Fund Backs Yamal LNG Development
Posted on 01/05/2015
Before the end of 2014, Russian Prime Minister Dmitry Medvedev approved gas producer Novatek’s application for government financial assistance in Yamal liquefied natural gas (LNG) developments. Novatek is Russia’s biggest independent natural gas producer. The prime minister signed the decree on December 27th, allocating 150 billion roubles from the National Welfare Fund (NWF) to the […]