$2.6b Allocated to Yamal LNG

$2.6b Allocated to Yamal LNG$2.6b Allocated to Yamal LNG

Russian Prime Minister Dmitry Medvedev has signed a resolution on allocating $2.6 billion from the National Welfare Fund to Yamal LNG Co., Itar Tass reported. The sum will be allocated in exchange of Yamal-LNG shares. The document amends the government resolution on the construction of a liquefied gas facility at the South Tambeisky gas condensate field on the Yamal peninsula.