Gazprom, the majority shareholder in the Sakhalin-2 gas project in Russia’s Far East, will ask for a loan from the European Bank for Reconstruction and Development (EBRD) to finance the project, according to reports in the Russian press.“The Russian side has announced that Sakhalin-2 is beginning gas deliveries on schedule and that it is going to ask for a loan from the EBRD,” said the spokesman for the Japanese trade ministry, cited by Russian daily Gazeta, during a visit by a delegation of Russian ministers to Tokyo.

According to another daily, RBK Daily, Gazprom will ask for a loan of 300 mln usd from the EBRD for the financing of Sakhalin-2.

Gazprom was not available for comment this afternoon.

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