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Lukoil Shah Deniz Stage II Extension
Provision of a loan to LUKOIL Overseas Shah Deniz Ltd ("LOSD") to extend additional financing for its share in the second stage of the development of Shah Deniz, an offshore gas exploration and production project in Azerbaijan (the "Project") and one of the largest gas fields in the world. LUKOIL has a 10% stake in the Shah Deniz field. The project is managed by BP plc.
Theme:
- Oil and Gas
Type of cooperation:
- Infrastructure Development
Beneficiary country:
Start date:
2017Amount of support (M€):
Loan or Grant:
Further funds (M€):
