Bloomberg News

Rosneft Board Approves 40.5 Billion Ruble Loan from Gazprombank

February 17, 2012

Feb. 17 (Bloomberg) -- The board of OAO Rosneft, Russia’s biggest oil producer, approved a 40.5 billion ruble ($1.35 billion) loan from OAO Gazprombank, according to a regulatory filing.

The loan may be in rubles, dollars or euros, the statement by Rosneft, released late yesterday, said.

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Alex Nicholson at anicholson6@bloomberg.net


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