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Project Information
Investment ID: 46766
Bank: European Bank for Reconstruction and Development
Environmental Category: A
Country: Azerbaijan
Region: Europe and Central Asia
Approval Date: None
Investment Types: Loans
Total Project Cost: No recorded data on this
Total Complaints: 2
Description
The proposed project is an A/B loan to LUKOIL to provide financing for its share in Stage 2 development of the Shah Deniz, an offshore gas exploration and production project in Azerbaijan (the ÛÏProjectÛ), which is one of the largest gas fields in the world. LUKOIL has a 10% interest in the Shah Deniz field. The Project is managed by BP plc. The EBRD and the ADB were appointed by LUKOIL as the Mandated Lead Arrangers (ÛÏMLAsÛ) for the proposed transaction.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Loans | 46766 | USD 1.0 billion | Planned | EBRD | LUKOIL Overseas Shah Deniz Ltd |
Related Complaints
| European Bank for Reconstruction and Development PCM Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Lukoil Shah Deniz Stage II | EBRD PCM | Azerbaijan | 25/01/2018 | Closed Without Outputs |
| European Bank for Reconstruction and Development IPAM Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Lukoil Shah Deniz Stage II | EBRD IPAM | Azerbaijan | 05/09/2017 | Monitoring |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| BP plc |