EBRD to give a $300 mln loan for Ukraine

Source : 112 Ukraine

The sum should cover the expenses for the heating season 2015-2016
12:09, 8 September 2015


September 30, European Bank for Reconstruction and Development (EBRD) to consider the allocation of a $ 300 mln loan for Ukraine to purchase natural gas for the heating season, Unian.

“The EBRD will discuss the question [of giving a crediting to Ukraine] September 30. The World Bank is expected to make its decision later. It's about lending to gas purchases,” stated Minister of Finance Natalia Yaresko. 

In August, the Naftogaz announced plans to attract from EBRD a loan for project, which is estimated at up to $300 mln, and envisions purchases of natural gas for delivery to Ukraine via connecting pipelines from the European Union. Also, August 10, Minister of Energy and Coal Industry Volodymyr Demchyshyn said that the World Bank may allocate $500 mln for the purchase of natural gas for Ukraine to supply the heating season 2015-2016.

Related: 100 mln EUR loan to come from Poland to Ukraine

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