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ASTANA (TCA) — Sberbank CIB together with its subsidiary bank in Kazakhstan has organized financing worth $400 million for Joint Stock Company KazMunayGaz – Refinery and Marketing (Kazakhstan) for a period of ten years. The funds will be used to finance LLP PetroKazakhstan Oil Products’ modernization project at Shymkent Oil Refinery, the press service of Sberbank announced yesterday.

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