According to EBRD website, EBRD provides a 6-year secured loan to Circle Maritime Invest to support acquisition of two offshore support vessel to be employed in Turkmen sector of the Caspian Sea. It will be used for the acquisition of two anchor handling tug supply vessels which will be chartered by Dragon Oil Turkmenistan Ltd and be employed for the initial charter period in the Turkmenistan sector of the Caspian Sea in connection with the development of the Cheleken oilfield. Currently, it predominantly operates in the Kazakhstan sector of the Caspian and the Project will support to the Company's expansion in Turkmenistan.
It will support market expansion of a non-dominant operator of offshore support vessels and facilitate greater regional integration between Kazakhstan and Turkmenistan by
supporting cross-border provision of services.
Loan amount is not disclosed.
Project Contact: Gulam Aliyev, Circle Maritime Invest
Email Address: Gulam.Aliyev@coc.kz
Telephone No.: +7 (727) 259 73 33
Office Address: 34/95 Karasai Batyr str., 050010 Almaty, Republic of Kazakhstan
General enquiries to EBRD:
Telephone No.: +44 20 7338 7168
Email Address: firstname.lastname@example.org
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