Global Trade Alert
Global Trade Alert

Russian Federation: USD 10 Million State Loan to O&G Equipment Maker Orion for Conversion (IDF)

Announcement

14 Jan 2021

In January 2021, the IDF announced a new conversion loan to the Russian drilling rig manufacturer. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jan 2021

Revocation date:

No revocation date

Updated: 14 Jan 2021
State loan In force
<p>On 14 January 2021, the Industrial Development Fund announced a 750 million ruble (USD 10 million) preferential loan to Orion, a manufacturer of subsoil oil and gas mining equipment.&nbsp...
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