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4-Traders Homepage  >  Equities  >  Euronext Paris  >  BNP Paribas    BNP   FR0000131104

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Lukoil Secures $500 Million Loan From Bank Consortium For Uzbek Project

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03/30/2012 | 08:35am CET

Russia's biggest independent oil producer, OAO Lukoil Holdings (LKOH.RS), said Friday it has signed an agreement with a consortium of banks for a loan of up to $500 million to finance a natural gas project in Uzbekistan.

Lukoil unit Lukoil Overseas Uzbekistan Ltd. obtained the loan from the Asian Development Bank, the Islamic Development Bank, Credit Agricole CIB, BNP Paribas SA (>> BNP PARIBAS) and the Korea Development Bank.

The funds will be used to finance development of the Kandym group of fields and for a production increase in the Khauzak-Shady area, Lukoil said.

-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 232-9197, jacob.pedersen@dowjones.com

Stocks mentioned in the article : BNP PARIBAS
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Financials (€)
Sales 2016 43 153 M
EBIT 2016 13 189 M
Net income 2016 7 351 M
Debt 2016 -
Yield 2016 4,53%
P/E ratio 2016 10,04
P/E ratio 2017 10,25
Capi. / Sales 2016 1,74x
Capi. / Sales 2017 1,72x
Capitalization 74 895 M
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Average target price 61,3 €
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Jean-Laurent Bonnafé Chief Executive Officer & Director
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