Transneft to attract for for ESPO extension on the loan market
Edited by Rhod Mackenzie / 2014-04-10 12:51:02
~~Transneft plans to enter loan market to attract financial resources for the extension of the Eastern Siberia-Pacific Ocean oil pipeline, head of the company Nikolay Tokarev stated.
According to him, about 200 billion rubles are enough to create all necessary infrastructure for the ESPO extension. “30% of this amount will be our own resources,” – the Transneft’s head added. “We calculated the entire budget till 2020. It allows us to hope that we will manage the investment program,” – Tokarev said.