Billion cubic metres of natural gas
EBRD to extend loan for Azerbaijan's biggest gas project
The European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan for Azerbaijan?s biggest gas project, Shah Deniz II, EBRD President Suma Chakrabarti said on May 8.
The size and terms of the loan had yet to be decided, he said during a visit to Baku.
Drilling at Bulgaria's Khan Asparuh to Begin in February 2016
First drilling at the Khan Asparuh block in the Black Sea, where significant gas deposits are though to lie, are now scheduled for February 2016, an official has said.