Proposed Lukoil EBRD loan – for whose benefit?
Briefing | 22 December 2014
Despite the Russian invasion in Ukraine leading to EU and US sanctions against Moscow and major Russian energy companies, public banks supported by EU countries are gearing up to offer almost a billion dollars in financial support to Russian company Lukoil for gas extraction in Azerbaijan.
Institution: EBRD | EIB
Theme: Energy & climate | Social & economic impacts
Location: Azerbaijan | Russia
Project: Southern Gas Corridor / Euro-Caspian Mega Pipeline
Tags: Azerbaijan | Lukoil | Southern Gas Corridor | energy security
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