Wednesday, January 24, 2007. Issue 3581. Page 5.
Reuters
Gas monopoly Gazprom said reports that it was seeking a $10 billion loan to buy half the Sakhalin-2 project and assets of bankrupt firm Yukos were “wrong.”
Interfax news agency on Tuesday quoted a banking source as saying Gazprom was holding talks with bank organizers and could give a mandate within one month.
“This report is wrong,” a Gazprom spokesman said.
Gazprom agreed last month to buy into the Sakhalin-2 project by paying $7.45 billion to existing shareholders Royal Dutch Shell, Mitsui and Mitsubishi.