28.07.2005
EBRD Loan Agreement
LUKOIL OVERSEAS RECEIVED BIG EBRD LOAN
LUKOIL Overseas, the operator of LUKOIL international projects, and European Bank of Reconstruction and Development (EBRD) have concluded, today, an agreement on a long-term loan of $ 180 million for 12 years.
The funds will be used to finance the investment program of a large offshore gas/condensate project of Shah-Deniz (Azerbaijan sector of the Caspian Sea).