News
12 March 2019

Southern Gas Corridor pulls UFK loan

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

Azerbaijan's Southern Gas Corridor CJSC - owned by the Ministry of Economy of Azerbaijan Republic (51%) and SOCAR (49%)  – has decided to not proceed with the initially proposed 15-year $1.5 billion loan from Germany’s Untied Loan Guarantee (UFK) to fund part of the...

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