11 Mar 2013 18:52

Novatek to sign Yamal LNG plant construction contract in one-two wks

MOSCOW. March 11 (Interfax) - Novatek expects to sign the EPC contract on construction of an LNG plant in Yamal, part of the Yamal LNG project, in one-two weeks, Novatek CFO Mark Gyetvay said during a teleconference.

Once it does, the company can provide a more exact figure concerning construction costs, he said.

The current cost estimate is $20 billion.