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The EBRD plans to loan up to EUR 52 million to UkrGazVydobuvannya to pay for modern workover rigs to get more gas out of old wells

Tuesday, November 13, 2018
The EBRD plans to loan up to EUR 52 million to UkrGazVydobuvannya to pay for modern workover rigs to get more gas out of old wells

The EBRD plans to loan up to EUR 52 million to UkrGazVydobuvannya to pay for modern workover rigs to get more gas out of old wells. Pending EBRD Board approval Dec. 12, the money also will help the state company buy modern equipment for the recovery of waste heat during gas processing, reducing carbon dioxide emissions.

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China’s UnionPay, the world’s largest

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