European Bank for Reconstruction and Development to give a loan in the amount of $200 million to Lukoil for Shah-Deniz project

The European Bank for Reconstruction and Development has approved a loan in the amount of $200 million to Lukoil Overseas Shah Deniz Ltd, Interfax-Ukraina transmits.

As the bank’s web-site reports, the money is allocated to finance the company’s obligations on extension of the Azerbaijani field Shah-Deniz development within “Stage 1”.

The granting of the loan was approved on January, 15th.

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