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Lukoil to receive $500m from EBRD to develop Shah Deniz project in Azerbaijan

2015-08-05 01:00:00| Offshore Technology

Russian oil firm Lukoil is to receive a grant of $500m from the European Bank for Reconstruction and Development (EBRD) for the development of offshore gas exploration and production project Shah Deniz in Azerbaijan part of the Caspian Sea.

Tags: receive project develop azerbaijan

Category:Energy and Environment

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