The EBRD has postponed a decision to fund the Sakhalin-2 gas project (in picture) due to political uncertainties over the role of Shell. (ITAR-TASS)
October 13, 2006 -- The European Bank for Reconstruction and Development says it will double lending to Russia to $2.5 billion dollars this year.
The bank has already signed off on $1.25 billion in lending this year and is taking part in projects in Russia's financial, energy, and infrastructure sectors.
RFE/RL In Russian
UPDATED CONSTANTLY: Visit RFE/RL's Russian-language website, featuring news, analysis, features, streaming audio, and more, in Russian, from RFE/RL's Russian Service.