Uzbek Energy Company Secures 650 Million USD Credit Line From Russian State Corporation
TASHKENT, Nov 24 (NNN-XINHUA) – Uzbek state oil and gas company, Uzbekneftegaz, and Russia’s state development corporation, VEB.RF, signed a memorandum on 650 million U.S. dollars credit line, to boost hydrocarbon production in Uzbekistan, Uzbekneftegaz said Monday.
The memorandum was signed last week, following talks in Moscow, the Uzbek energy firm said, adding that, this is a second credit line provided by VEB.RF.