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07.07.2014 World Bank Announces $400m for Turkey Gas Facility

The World Bank will provide $400 million of additional financing for Turkey's first gas storage facility in its underground salt formation at Tuz Golu.

03.07.2014 Uganda Secures World Bank Loan

Uganda has been given a $140 million loan from the World Bank to upgrade facilities in the Albertine region to meet the infrastructure and skills requirement needed for its launch as a soon to be oil and gas producing country.

25.06.2014 Hungary Approves 10 Billion Euro Russia Loan for Nuclear Upgrade

Hungarian lawmakers approved Monday a multi-billion-euro loan from Russia for an upgrade of the country's only nuclear power plant, a deal critics say increases Hungary's dependence on Moscow.

26.03.2014 Papua New Guinea loan for Oil Search shares blocked

An independent commission has blocked the Papua New Guinea government from taking up a A$1.2 billion loan it lined up to buy a 10 percent stake in PNG oil and gas producer Oil Search, Radio New Zealand reported on March 25, Reuters has said.

28.02.2014 Lukoil borrows $200mn for Shah Deniz

Lukoil Overseas has signed an agreement to draw the second $200mn tranche of a loan from the EBRD for developing the gas condensate field Shah Deniz in Azerbaijan. The $380mn loan was attracted for five years at LIBOR plus 1.5%.

17.01.2014 Sete Brasil to borrow $3.7 Billion to Build Rigs for Petrobras

Sete Brasil Participacoes SA, the closely held oil-rig supplier that counts Petroleo Brasileiro SA (PETR4) and Banco BTG Pactual SA (BBTG11) among its stakeholders, was approved for an 8.8 billion reais ($3.7 billion) loan from Brazil’s development bank, Bloomberg report

24.12.2013 Russia’s Rosneft Repays USD 5.1 Billion Loan

Rosneft announced on December 23 it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP.

04.12.2013 Gazprom Neft to Borrow USD 2.15 Billion

Gazprom Neft has signed a $2.15 billion club term facility agreement with a group of international banks, Gazprom Neft’s press service said on December 3.

29.11.2013 Russia’s Gazprombank Lends $1 billion to Petroleos de Venezuela

Russia’s Gazprombank has extended a $1 million loan to Venezuela’s oil company Petroleos de Venezuela (PdVSA) for increasing oil production by the Petrozamora JV, Itar-Tass reported on November 29.

18.10.2013 Gazprom to lend RUR 2bn to WGC-2

Russian power producer Wholesale Generating Company-2 (WGC-2) has signed an agreement to take out a 2 billion ruble 3-year loan from gas giant Gazprom at an annual interest rate of 8%, Prime reported on October 17, citing WGC-2.