UPDATE 1-EBRD to extend loan for Azerbaijan's biggest gas project

May 8, 2015 3:30 PM

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BAKU May 8 (Reuters) - The European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan for Azerbaijan's biggest gas project, Shah Deniz II, EBRD President Suma Chakrabarti said on Friday.

The size and terms of the loan had yet to be decided, he said during a visit to Baku.

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