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Freshfields with ADCB on term loan financing for UNG

Freshfields advised Abu Dhabi Commercial Bank PJSC (ADCB) on a €250 million term financing for JSC Uzbekneftegaz (UNG), an Uzbekistan’s state-owned natural gas and liquid hydrocarbons producer.

The financing falls within the broader context of UNG’s investment and liquidity enhancement program. The facility in question builds on a separate US$100 million loan that was advanced to UNG by ADCB in May 2025.

The Freshfield team

Partner Anna Nersesian (pictured) and senior associate Tumise Jegede led the Freshfield team on the matter, with support from senior associate Scott Cameron.  

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flavio.caci@lcpublishinggroup.com

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