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Wednesday, February 18, 2009

Slavneft ties up $100m loan

17 February, 2009 - Upstream OnLine - Russian gas giant Gazprom's banking arm Gazprombank has handed oil producer Slavneft a two-and-a-half-year $100 million loan to help it fund ongoing activities. Slavneft is a joint venture between Gazprom Neft, Gazprom's oil arm, and TNK-BP, half-owned by UK supermajor BP, a Reuters report said.

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