Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

News SummaryMost relevantAll newsSector news 

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

03/30/2012 | 02:35am US/Eastern

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
React to this article
Latest news on BNP PARIBAS
03:36p Burberry, Tom Ford align runway shows with retail availability
12:44p China reserves data may put cat among global central bank doves
12:25pDJEUROPE MARKETS : European Stocks Slammed After U.S. Jobs Data
10:58a BNP Paribas sets out cost cuts, reassures on capital
10:52aDJU.S. Stocks Decline After Jobs Report
10:40aDJEUROPE MARKETS : European Stocks Volatile After U.S. Jobs Data, With Weekly Loss..
10:14aDJU.S. Stocks Slip After Jobs Report
10:03aDJSanofi SA 4Q 2015 -- Forecast
09:43aDJU.S. Stock Futures Waver After Jobs Report
09:18aDJU.S. Stock Futures Slip After Jobs Report
News chart
Full-screen chart
Income Statement Evolution
More Financials