Date: 5 months ago   Category: Finance

The Inteza bank is ready to consider financing of the Arktik of LNG — 2 project — Rambler News Service


Photo: Sergey Savostyanov/TASS Bank of Intez is ready to consider financing of the project of the Novatek company "Arktik of LNG – 2", the chairman of the board of directors of Inteza Bank Antonio Falliko at the Euroasian economic forum in Verona has told in RNS interview. "We with great attention watch initiatives of Novatek as we worked with sung Yamal LNG, in the same way could work with the Arktik project ("Arktik of LNG – 2". - RNS), is projects which aren't under sanctions, we are always positive to that part of economy which isn't under sanctions. We recognize that at Russia basic economic indicators strong, strong, for us it is the reliable partner" — he has told. Falliko has also noted that the Inteza Bank keeps interest in financing of the Nord Stream-2 project if sanctions don't extend to him. "We never did from this a secret. I always spoke about that, as for "Nord Stream-2" if it doesn't fall under sanctions what we hope for and as we understand from this as both Trump, and Merkel behaves (the U.S. President Donald Trump and the German chancellor Angela Merkel — RNS) when it is strongly clear that it quite so, we are interested in participating in financing of this project" — he has told. Novatek plans to finish in October, 2018 FEED stage (preparation of the project documentation) on the Arktik of LNG — 2 project. Capacity of plant can be 19,8 million tons per year. The company estimates capital expenditure for the Arktik of LNG — 2 project at $20-21 billion. The first line of the project can be started in 2022 — 2023, the second — in 2024, the third — in 2025. According to data of the company, resource base of the project on categories C1 C2 makes 1,582 trillion cubic meters of gas and 50,5 million tons of liquid hydrocarbons.

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