Sberbank provides loan for Kazakhstan’s KazMunayGaz

Region:

Europe

Jonathan Bell

Editor-in-chief

Sberbank CIB, together with its subsidiary bank in Kazakhstan, has arranged financing totalling $400 million for KazMunayGaz – Refinery and Marketing (Kazakhstan). The funds will be used to finance PetroKazakhstan Oil Products’ modernisation project at the Shymkent Oil Refinery in Kazkahstan.

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