Lukoil receives loan for financing of

18 November 2024

Lukoil receives loan for financing of

15:55 07 August 2015 Read: 1050

Lukoil receives loan for financing of

The European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) allocated a $1 billion loan to Lukoil for ensuring the company’s share of participation in realization of the second stage of the ‘Shah Deniz’ gas and condensate field’s development in the Azerbaijani sector of the Caspian Sea.

The signing ceremony of the loan agreement was held in Baku August 7.

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