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Tyumen Oil president Semyon Kukes tells Argus he expects the US political climate will remain positive enough for his firm to attract more US investment, whoever wins the November elections. His comments followed the signing of a $292mn loan guaranteed by US Ex-Im Bank in New York last week.
"I expect us to see more loans from the US," says Kukes. His comments were later echoed by US Ex-Ira Bank chairman James Harmon, who predicts high oil prices will mean more loan programmes to allow Russian firms to buy US equipment and services.
Russian president Vladimir Putin was on hand for the Ex-Im Bank loan signing on 8 September at the Russian mission in New York. …