Gazprom has not been able to obtain a loan from the China Development Bank for part of the US$14 billion financing the Russian gas giant aims to raise for the construction of its Amur gas processing plant, which will be Russia’s largest and the second-largest in the world, Russian business daily Kommersant reported on Wednesday. This year, Gazprom will use bridge loans for the construction of the Amur plant, Kommersant quoted Gazprom manager Alexander Ivannikov—who is responsible for the company’s financial and economic policy—as saying on the sidelines of the European Gas Conference in Vienna. Ivannikov didn’t specify which bank has extended the bridge loan to Gazprom, but noted that it is neither the China Development Bank, nor Russian banks. Gazprom, however, needed that bridge loan because it couldn’t reach an agreement with the Chinese bank. Back in November 2018, Ivannikov said that the Chinese were “very tough negotiators” […]