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Home > Bankwatch in the media > EBRD to lend $500m for Azerbaijan gas pipeline

EBRD to lend $500m for Azerbaijan gas pipeline

18 October 2017, Financial Times

The European Bank for Reconstruction and Development has approved crucial $500mfinancing for a pipeline to bring Azeri gas from the Caspian Sea to the EU, despite questions aboutAzerbaijan’s record on corruption and democracy. The bank’s board approved the loan on Wednesday to a mostly …

Institution: EBRD

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