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Today's paper. Last Updated: 06/03/2012

$96 Million for LUKoil

ZURICH () -- Electrical engineering group ABB Asea Brown Boveri AG said it had arranged a guaranteed loan facility of $96 million with the U.S. Export-Import Bank and a consortium of lenders for its client, LUKoil-Permnefteorgsyntez.


The money is to be used to modernize LUKoil-Perm's refinery, which processes 14 million metric tons annually of crude oil.




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