Sakhalin 2

Sakhalin 2 (2008-2009) Key information: Phase 2 «Sakhalin-2» (LNG plant, 9.6 million tons per year) Sponsors: Gazprom, Shell, Mitsui and Mitsubishi Financial consultants: SEIC, Credit …

About us
RPFB Project Finance Ltd. (RPFB) is an independent consulting firm focusing on organizing the financing of investment projects in Russia, CIS and Eastern Europe
Our roots
RPFB is the successor of the advisory business of the Russian Project Finance Bank, established in 1992 by the European Bank for Reconstruction and Development (EBRD)
Our expertise
RPFB provides advice in the areas of project and corporate finance, M&A, direct investments
Our experience
RPFB possesses over 29 years of experience working with leading international financial institutions and has assisted its clients in raising over USD 42 bln of debt and equity finance
International awards
Reputation and quality of RPFB advice are confirmed by authoritative international rewards

International awards

Yuzhno-Russkoye field
Financial advisors - Societe Generale and RPFB
Europe Gas Deal of the Year 2011
European Upstream Oil and Gas Deal of the Year 2011
Energy Risk Deal of the Year 2011

Nord Stream
Financial advisors - RBS, Commerzbank, Societe Generale and RPFB
Europe Gas Deal of the Year 2009
Best project finance deal in CEE 2009
Oil and Gas Deal of the Year 2010
Infrastructure Deal of the Year 2010

Blue Stream
Financial advisor of ОAO «Gazprom» - RPFB
Europe Oil and Gas Deal of the Year 2000

Yamal - Europe
Financial advisor of ОAO «Gazprom» - RPFB
Eastern Europe deal of the Year 1997


Project finance


PF may be the best solution to finance investment projects for the companies which are interested in limiting the impact of debt on the balance sheet. Using PF allows significantly expand the investment capability: s - it becomes possible to simultaneously implement several capital-intensive projects.


Corporate finance


RPFB assists clients in entering international financial markets, establishing themselves in these markets as reliable borrowers, as well as in effectively managing their loan portfolios. RPFB helps to assess the creditworthiness and determine the financial needs of the borrower, jointly with the company develops and implements a financial strategy that meets its interests.


Development of financial models

RPFB provides services for developing of financial models for all stages of investment project implementation – from financial model “for Initiator/Sponsor” (a model that is developed at pre- investment stage to test economics of business idea, as a part of feasibility study or as an instrument for preparation of investment decision. It can also be used as instrument for negotiation with potential co-investors) to “banking quality” financial model which is used to interact with potential lenders.


Our clients

Among our clients are major Russian companies:

And international companies of various industries:

Closed deals

Letters of recommendation

See all letters of recommendation ⬎


Руслан Вазетдинов

Ruslan Vazetdinov

Managing Director

Mr. Vazetdinov is a Partner of RPFB Project Finance since its inception in 1999. He also holds a position of Managing director. From 1999 to April 2018 held a position of Executive Director Read more...