Suleyman Gasimov, SOCAR Vice-President for Economic Affairs, said the project will be funded through two loans- $265 million and $40 million.
“The financial facility comes as syndicated loans from 15 banks at Libor +0.85. The syndication was organized by Societe Generale and ABN Amro,†he added.
State Oil Company of Azerbaijan acquired Kulevi Terminal of Georgia last year. /APA-Economics/
Azerbaijan gets $305mln syndicated loan for construction of Kulevi Terminal
05 June 2007 15:08 (UTC +04:00)
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