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    Home » Italy export credit agency may insure $567 mln Russian Arctic LNG plant loan -sources

    Italy export credit agency may insure $567 mln Russian Arctic LNG plant loan -sources

    November 20, 2021
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    *LNG vessel

    Rome — Italy’s SACE may insure a loan of around 500 million euros ($567 million) for Novatek’s Arctic LNG 2, two sources close to the matter told Reuters, amid calls by green EU lawmakers for export credit agencies not to support the $21 billion project.

     

    • Reuters (Additional reporting by Francesca Landini in Milan and Vladimir Soldatkin in Moscow; Editing by Alexander Smith)
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