China’s Silk Road Fund
China’s Silk Road Fund
The Silk Road Fund (Chinese: 丝路基金) is a state-owned investment fund of the Chinese government to foster increased investment in countries along the One Belt, One Road, an economic development initiative primarily covering Eurasia. The Chinese government pledged US$40 billion for the creation of the investment fund established on 29 December 2014.
China’s Silk Road Fund owns 9.9% in Yamal LNG.
The Company Statement
May 16, 2023
Novatek owns a 50.1% stake in Yamal LNG. France’s TotalEnergies and China National Petroleum Corp each control 20%, while China’s Silk Road Fund owns 9.9%.
| June 07, 2023 | Novatek asked to introduce benefits for Chinese investors Yamal LNG |
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