JSC Gazprom Neft and Sberbank have announced the signing of a loan agreement

JSC Gazprom Neft and Sberbank have signed a loan agreement for $724 million (USD) for a period of one and a half years.

The loan’s purpose is to finance the company’s current operations.

The provision of the loan will strengthen and broaden the mutually beneficial relationship between Sberbank and JSC Gazprom Neft.