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The EBRD is planning to loan EUR 51.9 million to state gas producer UkrGazVydobuvannya

Thursday, October 11, 2018
The EBRD is planning to loan EUR 51.9 million to state gas producer UkrGazVydobuvannya

The EBRD is planning to loan EUR 51.9 million to state gas producer UkrGazVydobuvannya for well repair equipment and energy efficiency projects. A fully owned subsidiary of Naftogaz, UGV accounts for 75% of gas production in Ukraine. Last year, it raised gas production 5%, an increase it hopes to match this year.

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