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Posts on ‘October 1st, 2009’

Russia Sakhalin-2 project gets extra $1.4 bln

MOSCOW, Oct 1 (Reuters) - Sakhalin Energy, a group led by Russia's Gazprom and involving Royal Dutch Shell, has secured $1.4 billion of new funding for its Sakhalin-2 liquefied natural gas project, a news agency reported. The money comes on top of $5.3 billion provided by the Japan Bank for International Cooperation and a consortium of international commercial banks, Interfax quoted Ian Craig, the head of the project, as saying on Thursday.

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