Middle East Economic Survey
VOL. XLVIII
No 32
8-August-2005
Caspian
EBRD Loans Lukoil $180Mn For Shah Deniz Investment
The European Bank for Reconstruction and Development (EBRD) will loan two subsidiaries of Russias Lukoil Overseas $180mn that will be used to cover the companys investment in Azerbaijans Shah Deniz Project. EBRD on 28 July said the money would help Lukoil Overseas manage its 10% stake in the Shah Deniz/South Caucasus Pipeline projects. These BP-led endeavors aim to develop the...
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