Bloomberg News

Russia’s Yakutia Seeks Investors for $1 Billion Chemical Complex

December 16, 2011

Dec. 16 (Bloomberg) -- Russia’s Yakutia region is seeking to build a $1 billion chemical complex to process natural gas, Valery Maksimov, the regional foreign minister told reporters in Moscow today.

Yakutia is holding talks with Asian investors and Russian oil and gas companies about participating in the project, Maksimov said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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