News
16 January 2019

Southern Gas Corridor nears close on $1.5bn UFK-backed loan amid delays

In:
Oil & gas
Region:
Middle East & Africa, Europe

Azerbaijan's Southern Gas Corridor CJSC – rated Ba2 by Moody’s and 51% owned by the Ministry of Economy of Azerbaijan Republic with SOCAR holding the remainder – has until the end of February to close on a 15-year $1.5 billion loan covered by Germany’s Untied Loan...

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