LUKOIL raised a loan to finance a part of the construction costs for GPP in Uzbekistan

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Lukoil raised a $660 million loan "with ten years maturity to finance part of the incurred construction costs" for the plant, the company said.. Uzbekistan to invest $33 billion in oil and gas.

Apr 19, 2018: Lukoil Raised Loan To Finance A Part Of Construction Costs For GPP In Uzbekistan 35. 5.3. Former Soviet Union gas processing industry, Recent Contracts in Uzbekistan 35. 5.3.1. Frames Secures Contract From Lukoil and Uzbekneftegaz 35. 6. Former Soviet Union Gas Processing Industry.

LUKOIL has raised a USD 660 million loan with a ten years maturity to finance a part of the incurred construction costs for gas processing plant at the Kandym field in the Republic of Uzbekistan. LUKOIL Overseas Uzbekistan Ltd. acts as a borrower. The loan was provided by ING Bank, UniCredit Bank and Deutsche Bank.

Apr 19 18. LUKOIL has raised a USD 660 million loan with a ten years maturity to finance a part of the incurred construction costs for gas processing plant at the Kandym field in the Republic of Uzbekistan. LUKOIL Overseas Uzbekistan Ltd. acts as a borrower. The loan was provided by ING Bank, UniCredit Bank and Deutsche Bank.

LUKOIL, Russia’s 2-nd largest oil company, will add another project in Kazakhstan to its portfolio, said Kurmangazy Iskaziyev, Deputy Chairman of the Management Board for Exploration, Production and Oilfield Services at Kazakhstan’s state company KazMunaiGas,Trendreports.. Iskaziyev made the remarks at the 26th International Caspian Oil & Gas Conference in Baku, Azerbaijan on May 31.

Russia’s energy giant Lukoil plans to invest over $678 million in two PSA gas projects in Uzbekistan – Kandym-Khauzak-Shady-Kungrad and South-West Gissar – under the country’s state investment program. The total cost of the two projects is over $4.34 billion, including the cost of the Kandym-Khauzak.

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In a separate release on Apr. 19, Lukoil said it raised a 10-year, $660-million loan from ING Bank, UniCredit Bank, and Deutsche Bank to finance part of incurred construction costs for the Kandym.

Lukoil raises $500 million loan for Gissar project in Uzbekistan.. Russia’s Lukoil starts up Uzbekistan gas plant for Chinese exports. Lukoil raises $660 million to finance part of construction costs for gas processing plant in Uzbekistan.

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