EBRD counts on acceleration of preparing Ukrgazvydobuvannia loan project

Kyiv Post | Jun 14, 2019 at 9:12 AM
  • The European Bank for Reconstruction and Development (EBRD) has asked the Ukrainian side to intensify preparation of the project to provide PJSC Ukrgazvydobuvannia with a loan of EUR52 million to buy equipment for well repairs, as well as for energy efficiency projects.
  • Ukraine has a real opportunity to significantly increase gas production and reduce import volumes.
  • As reported, the EBRD announced the possibility of issuing this loan to Ukrgazvydobuvannia in early October 2018.