Yamal LNG project to receive $4.1B loan from Russian banks

Russia's Novatek-led Yamal LNG project has agreed on terms of $4.1 billion loan from Russian banks Sberbank and Gazprombank, according to Reuters.

The loan is for up to 16 years, with an interest rate set at six-month EURIBOR plus margin of up to 4.8%.

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