«YAMAL LNG» PROJECT IN THE СONTEXT ОF THE NORTHERN SEA ROUTE DEVELOPMENT
https://doi.org/10.21686/2410-7395-2020-2-103-116
Abstract
The research paper focuses on identifying the conditions in which Yamal LNG can effectively finance construction work through private investment. The Case study of the Yamal LNG liquefied natural gas production complex, the ratio of the shares of public and private investment in the project for the construction of the Utrenniy terminal is considered. The authors analyze possible ways of financing construction works: using Yamal LNG's own funds, Bank lending, and a loan from NOVATEK PJSC, as the main shareholder of the project. Calculations are made and the expediency of issuing and receiving a loan from PJSC «NOVATEK» for the construction of the terminal «Untrenniy» in the port of Sabetta is proved. Regression analysis confirms the possibility of repayment of the loan from the main Yamal LNG activities is proved. As a result of the study, methods of analysis of solvency, liquidity, autonomy, cash flow analysis, forecasting and generalization methods are used. This analysis allows to take into account the scale of activity of one of the largest operators for the supply of liquefied natural gas in Russia.
About the Authors
E. A. PopovaRussian Federation
Elina A. Popova, PhD, Executive Secretary, Assistant Professor of MGRI
23 Miklukho-Maklaya, Moscow, 117997, Russian Federation
Yu. S. Sizova
Russian Federation
Yuliya S. Sizova, PhD, Assistant Professor of the Department of Foreign Languages No. 1 of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
A. A. Filatova
Russian Federation
Anna A. Filatova, Economist, Investment Planning and Analysis Department of VO «Eurocement group»
3 M. Golovin Lane, Building 1, Moscow, 107045, Russian Federation
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Review
For citations:
Popova E.A., Sizova Yu.S., Filatova A.A. «YAMAL LNG» PROJECT IN THE СONTEXT ОF THE NORTHERN SEA ROUTE DEVELOPMENT. International Trade and Trade Policy. 2020;(2):103-116. (In Russ.) https://doi.org/10.21686/2410-7395-2020-2-103-116