The EBRD will lend state gas producer UkrGazVydobuvannya €52 million to increase energy efficiency and to maintain gas production. With a payback period up to 15 years, the interest rate is about 2.5% per year. The state guarantee costs 1% of the loan. UGV will use the money to upgrade its workover rigs for depths over 5 km and to introduce energy efficiencies at its Lokachinsky field, in Volyn region.
The EBRD will lend state gas producer UkrGazVydobuvannya €52 million to increase energy efficiency and to maintain gas production.
