EDC finances Russia gas tech purchase

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05 March 2010

Export Development Canada is providing a $48 million loan to Russia’s Gazprombank to finance the purchase of equipment to capture and process flared gas.

Export Development Canada is providing a $48 million loan to Russia’s Gazprombank to finance the purchase of equipment to capture and process flared gas. The equipment is being sourced from Edmonton-based Thermo Design Engineering Ltd (TDE).

As EDC’s...

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