KAZAKHSTAN
November 1st, 2002
BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending Russian oil company Lukoil US$150 million to fund participation in the development of Kazakhstan's oil, gas, and condensate field. The money will also help fund a 635-km connecting pipeline to the Caspian Pipeline Consortium's infrastructure, which will transport the oil to the Black Sea. The projects should be completed early 2004.
THE INTERNATIONAL Finance Corporation of the World Bank is lending Russian oil company Lukoil US$150 million to fund participation in the development of Kazakhstan's oil, gas, and condensate field. The money will also help fund a 635-km connecting pipeline to the Caspian Pipeline Consortium's infrastructure, which will transport the oil to the Black Sea. The projects should be completed early 2004.
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