China-Russia Gas Project: China's Silk Road Fund holds 9.9% stake in project
Russian officials say China's Silk Road Fund played a part in financing the Yamal LNG project, and the project is good for both countries.
ALEXANDER NOVAK RUSSIAN ENERGY MINISTER Like other countries, Russia supports the Belt and Road Initiative. China's Silk Road Fund invested in Russia's Yamal LNG project, with a stake of 9.9%.
ALEXEY TEXLER RUSSIA'S 1ST DEPUTY ENERGY MINISTER We are very glad to work with Chinese companies on the Yamal LNG project. China is supporting this project. The cooperation is beneficial to both countries.