Transneft to attract for for ESPO extension on the loan market

~~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.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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