Russian Railways mull purchases, investment in fields’ railroads
MOSCOW, Dec 16 (PRIME) -- Russian Railways and owners of fields, including metals and mining company Mechel, are discussing joint investments, purchases or management of the fields’ railroad infrastructure, CEO Oleg Belozyorov told reporters Wednesday.
“We will hold additional talks with Mechel. We have different options, including joint financial participation, when we may technologically construct something or even partially purchase (railroads) or manage them,” he said.
He also said that one of such projects, to which Russian Railways plans to attract investment from field owners, is the Northern Latitudinal Railway, and the company will also negotiate attraction of additional funds with independent gas producer Novatek.
“We have a signed agreement which says that we are to expand our funding possibilities from clients. The Yamal LNG project is among such projects,” he said.
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