RPT-Russia's LUKOIL gets $300 mln loan from EBRD

Mon Nov 9, 2009 11:19am GMT
 
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(Repeats to attach to earlier Reuters alert; also removes superfluous "editing by" in signoff)

MOSCOW, Nov 9 (Reuters) - The European Bank for Reconstruction and Development (EBRD) has lent $300 million to Russia's largest privately-held oil company LUKOIL (LKOH.MM), the bank said on Monday.

The loan will be used to upgrade LUKOIL's TGK-8 generating company, which is aiming to reduce greenhouse gases emissions, the bank said. (Reporting by Vladimir Soldatkin; Editing by Hans Peters)

 

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