Fan-ID system helped against racism during FIFA Confederations Cup — officialSport September 21, 13:35
Russian warship sails through English ChannelMilitary & Defense September 21, 13:12
Kremlin slams attempts to brand Russia as aggressor while discussing UN mission to DonbassRussian Politics & Diplomacy September 21, 13:07
Press review: Peacekeepers in Ukraine stalled and Russia suspects US leak to IslamistsPress Review September 21, 13:00
Kremlin shares Defense Ministry's stance on US role in militants’ attack in SyriaRussian Politics & Diplomacy September 21, 12:36
Admiral Essen frigate returns to Sevastopol from Mediterranean SeaMilitary & Defense September 21, 12:03
US fighter jets escort Russian bombers over Baltic and Norwegian SeasMilitary & Defense September 21, 11:46
US wants UN Human Rights Council to serve its own political interests — Russian envoyRussian Politics & Diplomacy September 21, 9:48
Moscow warns US any shellings of Russian task force by Syrian opposition will be thwartedRussian Politics & Diplomacy September 21, 9:16
KIEV, February 28 (Itar-Tass) —— The European Bank for Reconstruction and Development (EBRD) is not ready to grant loans for modernization of the Ukrainian gas pipelines, EBRD senior banker Paul Shapiro said on Tuesday.
He said that the Ukrainian authorities had not taken tangible efforts to reform Naftogaz Ukrainy. Besides, Ukraine did not meet its commitment to bring consumer gas fees to an economically expedient level. The EBRD will continue to negotiate investments, but it needs proof of reforms, Shapiro said, wondering how one could credit a loss-making company.
He welcomed IPO plans of Naftogaz Ukrainy executives, but said that the bank did not see its mechanism so far.
Neftegaz Ukrainy and the EBRD signed a memorandum on funding the first stage of reconstructions of Ukrainian gas pipelines, including the Ukrainian segment of the Urengoi-Pomary-Uzhgorod trunk pipeline, in July 2011. The bank said it was ready to give a loan of $154 million for the project.