Baku, Azerbaijan, Aug. 7
By Anvar Mammadov – Trend:
The European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) allocated a $1 billion loan to Lukoil for ensuring the company’s share of participation in realization of the second stage of the ‘Shah Deniz’ gas and condensate field’s development in the Azerbaijani sector of the Caspian Sea.
The signing ceremony of the loan agreement was held in Baku August 7.
Story still developing
Follow us on Twitter @TRENDNewsAgency