Lukoil Gets EUR1 Billion Loan From Gazprombank
MOSCOW (Dow Jones)--Russia's No. 2 oil producer OAO Lukoil Holdings (LKOH.RS) Tuesday said it had received a three-year loan for EUR1 billion from state-owned Gazprombank.
Lukoil said in a statement that the loan carries an annual interest rate of 8% and will be used for general corporate purposes and repayment of other debt.