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Archive for January 2nd, 2007

EBRD set to reject $300m loan for Sakhalin

The European Bank for Reconstruction and Development is unlikely to approve a loan for the giant Sakhalin 2 oil and gas project in Russia's Far East, following its effective re-nationalisation by the Kremlin, according to officials.
The recent emergence of Gazprom, the Russian state-controlled gas company, as the majority owner of the project "made it more [...]

Tuesday, January 2nd, 2007

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