EximBank guarantees 70 M dollars loan for building gas pipeline

Eximbank is going to guarantee a 70-million dollars loan to Oil Services Group (GSP) to build a submerged pipeline on the bottom of the Black Sea, reads a release of the bank . EximBank and GSP have signed an agreement in which the bank agrees to guarantee a 70-million dollars loan to the oil group. The guarantee will allow the coming into force of an agreement worth 269 million dollars, signed back on November 19 by the GSP with Stroygazmontazh from the Russian Federation, according to ...

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