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                        THURSDAY, MARCH 28, 2024
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Naftogaz to start tapping $500 million loan for gas imports next month
Journal Staff Report

KIEV, Jan. 17 - Ukraine’s national energy company Naftogaz Ukrayiny will next month start tapping into a $500 million loan for natural gas imports, Yuriy Vitrenko, the commercial director at Naftogaz, said Tuesday.

The loan, denominated in Euros, was provided by Citibank and Deutsche Bank under guarantees from the World Bank, and is aimed at helping Ukraine secure its gas imports during the high-demand season.




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