October 10, 2019 / 9:34 AM / 2 months ago

Italy's Intesa says it considers financing Novatek-led Arctic LNG-2

FILE PHOTO: Intesa Sanpaolo bank logo is seen at the headquarters during shareholders meeting in Turin, Italy, April 27, 2017. REUTERS/Giorgio Perottino/File Photo

MOSCOW (Reuters) - Italian bank Intesa Sanpaolo is considering taking part in financing the Russian liquefied natural gas project Arctic LNG-2, Antonio Fallico, the head of the lender’s Russian branch, said on Thursday.

Arctic LNG-2, led by Russia’s biggest private gas producer Novatek, includes French energy producer Total, China National Petroleum Corp, China’s CNOOC Ltd and the Japan Arctic LNG consortium.

Reporting by Olesya Astakhova; Writing by Maria Kiselyova; Editing by Edmund Blair

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