Russia’s LUKOIL raises $500 million for Gissar gas project in Uzbekistan
TASHKENT (TCA) — Russian oil company LUKOIL on November 15 said it has raised USD 500 million in a 5-year unsecured loan at 3 month LIBOR+3.0% to finance the development of the Gissar group’s gas condensate fields in Uzbekistan. Soyuzneftegaz Vostok Limited, a wholly-owned indirect subsidiary of PJSC LUKOIL, is the borrower under the loan.
