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Novatek OAO's and Total SA's Yamal SPG OAO Launches Subsidiary in Singapore-Interfax

Wednesday, 20 Feb 2013 11:44pm EST 

Interfax reported that Yamal SPG OAO (OJSC Yamal LNG), the operator of the liquefied natural gas (LNG) project on the Yamal peninsula, has registered in Singapore a subsidiary company Yamal Trade PTE, Ltd. The Yamal LNG project is being implemented at the Yuzhno-Tambeiskoye deposit. NOVATEK OAO has a 80% stake in OJSC Yamal LNG, and remaining 20% belongs to Total SA. 

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