(Ukraine, Kiev, July 12, UPI)-the European Union decided to Kiev meant to finance upgrades to the gas transmission system country move a loan, an official said.
Ukrainian State energy company of Naftogaz was a 300 million US dollar loans from lenders like the World Bank, European Bank for reconstruction and development and the European Investment Bank anticipate.
Anton Usov, an official at the EBRD, cited by Russia's state news agency RIA Novosti said the loan on ice was.
"European Commission agencies currently the Ukraine implementation of the law on the reform of the natural gas market analyze,", he said. "After the study, according to the results of the credit problem again we can."
The European Commission is concerned that Naftogaz in the country has a monopoly. The Russian report notes the Ukrainian President Viktor Yanukovych stated that Naftogaz should be divided into smaller companies during the national news agency of Ukraine reports that the President against the merger with Russian gas monopoly Gazprom is.
Kiev wants a better gas price of Gazprom. Gazprom officials said that would be the best way for this through a merger with Naftogaz.
The Ukrainian notes Naftogaz report management has decided to fund reconstruction of parts of the gas transit network independently.
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