mo4ch:>Italian money to back Russia's liquefied natural gas project in Arctic | Mo4ch News
Russia's energy giant Novatek and Italian SACE Export Credit Agency have sealed an agreement on strategic cooperation in the liquefied natural gas (LNG) projects, including Arctic LNG 2, the Russian company said on Wednesday.“Novatek and SACE signed a Memorandum on Strategic Cooperation... in relation to the Company's current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies,” according to a Novatek’s statement.Also on rt.comIce fields & polar bears: Icebreaker voyages around Russia’s Arctic sea route sold outThe step creates new opportunities for mutually beneficial cooperation with Italian businesses on our future LNG projects, according to Novatek chief executive Leonid Mikhelson.“We are successfully cooperating with SACE in the financing of our Yamal LNG project. We welcome the interest of international export credit agencies to pa…