Lukoil $500 million Gissar gas field project financing

16/11/2016
Project finance

$ 500 million

Completed

16/11/2016


Overview:

  • Lukoil has raised $500 million in new financing to fund the development of the Gissar gas field project in Uzbekistan.
  • The 5-year unsecured loan is being provided by Intesa Sanpaolo, Natixis, Mizuho Bank, UniCredit, VTB Bank, ING and Raiffeisen Bank International.
  • The production sharing agreement on the Gissar project was signed in January 2007. The first gas fields – Djarkuduk – Yangi Kyzylcha – were commissioned in December 2011.

Sam Duke - Editor

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