Business growth

Gazprombank will provide NOVATEK with a €522 million loan to build 2 floating gas storage facilities in Murmansk and Kamchatka. The term of the loan will be 16 years with the subsequent transfer of storage facilities in leasing. LNG barges will be built by Korean DSME for $748 million by the end of 2022. The ships will be used for storage and transhipment of LNG.