Gazprom in Talks with Japanese Banks about Raising 800 million Euros

Source: Reuters 12/4/2016, Location: Asia

Russian gas giant Gazprom is working on a deal under which Japanese banks would provide it with financing worth 800 million euros ($851.28 million), two sources familiar with the discussions told Reuters.

The deal is likely to be signed when Russian President Vladimir Putin visits Japan on Dec. 15, according to one of the sources. The other source said the deal related to project financing for Gazprom.

The sources did not name the banks being tapped to provide the financing. Gazprom did not immediately respond to a Reuters request for comment.


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