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Trafigura received $7 billion Russian loan for Vostok Oil deal, Bloomberg reports

The company purchased a 10 percent stake in the project last week.

By Reuters January 5, 2021
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Global commodities trader Trafigura’s purchase of a 10 percent stake in Rosneft’s Vostok Oil project in the Arctic was funded by a $7 billion loan from a Russian bank, Bloomberg News reported on Tuesday, citing certain documents.

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