Banks being sounded out for Turkstream debt

In:

Oil & gas

Region:

Europe

By Aife Howse

Financial advisors Russian Project Finance Bank (RPFB) and SMBC, along with sponsor Gazprom, are expecting to close a debt package for the $15 billion Turkstream pipeline project in Q1 this year. The completed pipeline, despite being hit by US sanctions, launched operations on 8 January and...

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