Novatek asks to issue FNB funds in currency

Novatek, controlled by the oligarch Gennady Timchenko, asks for the issuance of funds from the National Welfare fund not in rubles, but in foreign currency. This was reported by Vedomosti with reference to certain federal officials. As one of them explained to the newspaper, the calculation of the requested help “Novatek” completed in rubles, but he wants to receive the money in currency at the rate on the date of issue.

What will be the answer will be decided in the near future, officials said. Current norms do not prohibit the issuance of FNB funds in foreign currency.

Novatek submitted an application for 150 billion rubles to implement the Yamal LNG project. The reason for applying for state assistance was the sanctions of the United States. Jamala LNG shareholders intend to attract project financing in the amount of 60-70 percent of the cost of the project, and now American money will have to be replaced. Along with the means of the Federal Tax Service, Novatek intends to attract the money of Russian and Chinese banks and European export-import agencies.

According to the high -ranking officials with whom the publication spoke, the chances of Novatek are highly helping. “Unlike Rosneft's unreal application ( returned the day before for revision . - Ed.), The NOVATEK application is justified,” the newspaper interlocutors noted.

In the same vein, the deputy head of the Ministry of Economic Development Nikolai Podguzov officially spoke officially on Thursday. “From the point of view of preparedness and study, the project is, of course, in a very good form,” he appreciated the application of Novateka. Podguzov also expressed hope that the government would make a decision on this application before the end of the year.