Naftogaz to receive record loan from EBRD in the amount of 500 million euros
фото: REUTERS
Naftogaz will receive a record 500 million euros in credit from the European Bank for Reconstruction and Development for the purchase of gas.
This was announced by the Prime Minister of Ukraine, Yulia Svyrydenko.
The Prime Minister noted that this is one of the bank’s largest projects in Ukraine. Moreover, this is the first time that such a loan is being provided under an EU guarantee, without Ukrainian guarantees.
“This will allow Ukraine to better prepare for the heating season and provide Ukrainian homes with heat and light even on the most difficult days of winter. I thank the EBRD and the EU for their support, as well as the government and Naftogaz teams for their professional work,” Svyrydenko noted.
The EBRD clarified that the loan funds are supported by a European Union guarantee covering 90% of the loan amount.
The European Bank for Reconstruction and Development emphasized that the allocation of loan funds is a consequence of Russia’s attacks on gas production and processing facilities in 2025.
It was previously reported that Ukraine’s underground gas storage facilities are only 32% full, the lowest level in 12 years .
It is worth noting that since June, Ukraine has begun regular imports of American liquefied gas through Greece, Bulgaria, Romania, and Moldova .
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