Banks Agree to Lend $12Bln to Gazprom
20 September 2005By Elif Kaban, Guy Faulconbridge / ReutersWestern banks agreed to a record $12 billion loan to gas giant Gazprom to acquire Roman Abramovich’s Sibneft oil firm in a deal that would give the Kremlin control over one-third of Russia’s oil, senior bankers said on Monday.
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