* Sibir secures $200 mln loan for 2 years
* Funds go to support company’s operational activity
MOSCOW, August 24 (Reuters) - Russia’s biggest lender, state-controlled Sberbank SBER03.MM, said on Monday it had granted a $200 million loan to Magma, a subsidiary of mid-sized oil and gas explorer Sibir Energy SBE.L.
The facility is provided to finance the company’s operational activity and has a maturity of two years.
Sberbank holds a minor stake in Sibir Energy which was pledged as loan collateral by troubled oil-to-property tycoon Shalva Chigirinsky, who faces several lawsuits in different jurisdictions to meet obligations on Western loans.
Gazprom Neft has amassed a stake of just under 49 percent in Sibir Energy in recent months. The Moscow city government, together with the Bank of Moscow, holds a 19.3 percent stake. (Reporting by Dmitry Sergeev; Editing by David Holmes)