Contents tagged with Yamal

  • One more Russian billionaire asks Putin for bailout

    Not long after Vladimir Potanin asked for budget assistance to help fund Nornickel’s ecological projects, another Russian billionaire has approached Russian President Vladimir Putin to solicit a government bailout, finanz.ru reports.

    Leonid Mikhelson, co-owner of Novatek and the third richest person in Russia with an estimated $18 billion according to Forbes, claims to be in need of 900 million rubles to speed up the construction and activation of the liquefied natural gas (LNG) transshipment …