European Bank for Reconstruction and Development postpones loan, promised to Lukoil for Shah-Deniz development, for 2014
Edited by Anonymous / 2013-12-06 07:28:02
The European Bank for Reconstruction and Development has refused to approve loans, connected with the energy sector of Azerbaijan, in 2013.
The Russian oil company Lukoil became the next victim of this policy: EBRD refused to finance its operations, connected with development of the Shah-Deniz gas condensate field in Azerbaijan in 2013.