Independent Russian gas producer Novatek is considering selling a 9% stake in Yamal LNG to raise finances to build a second stage of the plant, CEO Leonid Mikhelson said on May 27, Prime has reported.
Vladimir Putin has said the Gydan Peninsula fields should be entered on the list of privileged gas blocks. The same privileges will be applicable to Novatek and Total as far as the implementation of the Yamal LNG project is concerned.