RusEnergy

12 March 2007 – Upstream OnLine - Russia's top oil producer Lukoil wants to raise over $1 billion in three syndicated loans, a banking source claimed today. "They want three loans including two mid-sized and one big for a total of over $1 billion," the source told Reuters. "One loan for about $250 million is meant to refinance an earlier borrowing". He added Lukoil would seek a maturity of over five years for the biggest loan.