Russian oil major OAO Gazprom Neft (SIBN.RS) will make a decision on a Eurobond issue of between $500 million and $1 billion in the next three months, the Interfax news agency said Monday citing the company's Chief Executive Alexander Dyukov.
Gazprom Neft, the oil arm of gas giant OAO Gazprom (GAZP.RS), is studying acquisitions of Russia's oil producer Russneft and Slovenia's largest fuel retailer Petrol (PETG.LJ), Dyukov said.
"A club loan is also being arranged and unilateral talks on financing are being held," Dyukov said.
In February, the company opened a $724 million credit facility from state lender OAO Sberbank (SBER.RS). In December last year, it got a $750 million credit line with state development bank VEB.