Gazprom enters into $2.2B loan with Chinese bank

Russian energy company Gazprom and Bank of China, London Branch, entered on Thursday in Shanghai into a five-year EURo 2 billion ($2.2B) loan facility agreement.

The agreement was signed by Gazprom’s Deputy Management Committee Chairman Andrey Kruglov, and by the Deputy General Manager Wang Huabin, on the part of Bank of China, London Branch.

In terms of the amount of financing attracted directly from one financial institution, and the first bilateral loan facility agreement with a Chinese bank, this is the largest deal so far for Gazprom.

According to the company, Andrey Kruglov and Gao Yingxin, Bank of China Executive Vice President, discussed the prospects for deeper cooperation between Gazprom and Bank of China.

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply