KIEV, Nov. 20 – The World Bank Group's International Financial Corporation may allocate a one-year trade finance facility of up to $200 million to cover importation of natural gas to Ukraine during the 2015-2016 winter season by state-owned Naftogaz Ukrainy, the IFC reported on its website.

"The facility will be used to finance the deliveries of ENGIE, major European supplier of natural gas, under their natural gas supply framework contract with Naftogaz," the report reads.

The IFC's Board of Directors is to consider the allocation of the facility on December 17.