The Kremlin will provide the political support Lukoylu if to be able to agree on a purchase of shares of Spanish-Argentine oil company Repsol.Despite the Kremlin’s apparent interest in the project, the topic was not discussed at the meeting Dmitry Medvedev or with his Argentine counterpart Cristina Fernandez, nor with the Spanish Foreign Minister Miguel Angel Moratinos, writes the newspaper El Pa s.Odnako major problems for entering Lukoil in the capital of Repsol are not political but financial. So far, no agreement was reached either on an amount of shares or the price or the sources of financing for the transaction. Because of problems with the financing of purchases of Russian oil companies instead of the original 30% intended to buy the entire 20% stake in Repsol. At the regular meeting of the Lukoil with creditor banks Sacyr dealt with the possibility of buying 20% of the shares owned by construction group, without buying packages, owned at La Caixa, Caixa Catalunya and Mutua Madrile a. On a loan for 20% of the shares owned by Sacyr, already has a tentative agreement, however, still unclear how many own funds must be made Lukoil . Get the same credit for the additional 10% stake will be more difficult, and often their owners will not provide Lukoylu means on the same terms as Sacyr, or seek a higher price.
