Ukraine to Receive €500 Million from EBRD for Natural Gas Procurement – Svitlana Grynchuk
NJSC "Naftogaz of Ukraine" and the European Bank for Reconstruction and Development (EBRD) have signed an agreement for a revolving loan of €500 million. This is the largest project the EBRD has ever signed in Ukraine and one of the largest in the Bank’s history. The funds will be used to finance the procurement of imported natural gas.