CPC Pipeline Seeks to Borrow Up to $2 Billion, Vedomosti Says

Caspian Pipeline Consortium may get as much as $2 billion from banks to fund expansion, Vedomosti reported today, citing people it didn’t name.

OAO VTB, Russia’s state lender, will help to arrange the loan, it said.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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