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Naftogaz of Ukraine expects to borrow $300 million from EBRD to buy gas — Deputy CEO

Earlier Ukraine’s minister of energy and coal industry Volodymyr Demchyshyn said Western financial institutions may provide $1 bln to purchase natural gas for the heating season

© EPA/FILIP SINGER

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US gas trader TrailStone intends to enter Ukrainian market in autumn — Naftogaz of Ukraine

KIEV, July 16. /TASS/. Naftogaz of Ukraine expects to receive a $300 mln loan from the European Bank for Reconstruction and Development (EBRD) in September — October 2015 against government guarantees to purchase natural gas, Deputy CEO of the company Sergei Konovets said on Thursday.

"We plan to receive the loan in September-October and expect a positive response of EBRD management," Ukraine’s UNIAN news agency cited Konovets.

Western financial institutions may provide $1 bln to purchase natural gas for the heating season, Ukraine’s minister of energy and coal industry Volodymyr Demchyshyn said earlier on Thursday.

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"When we visited the United States, we held a series of meetings in this regard with representatives of the US government, the International Finance Corporation [IFC] and the World Bank. The decision to provide financing to purchase natural gas for the heating season will be reached in the nearest future," the minister said.

Ukraine expects to receive $1 bln in total, the minister said. "$300 mln from the World Bank, $300 mln from IFC, and the remaining amount from other donors," he added.

"IFC is considering an option of extending a loan to a trader, which will include everything into its asset list, will store and sell [gas], for example to [Ukraine’s gas operator] Naftogaz.

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Ukraine Oil & Gas Naftogaz

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Kremlin condemns 'illegal' seizure of villa from Russian businessman

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Russian investigators start inquiry into financing of terrorism by US, NATO officials

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Russian Aerospace Forces strike five militant hideouts in Syria’s Homs

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Iran completed operation, to respond with greater force if needed — envoy to Russia

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Palestinian president says US veto immoral, runs counter to global community’s will

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Iran to review nuclear doctrine in case of Israeli aggression — IRGC

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Ukrainian trace obvious in Crocus City Hall attack — Russian prosecutor general

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EU border checkpoint closest to Russia’s St. Petersburg to cut its working hours

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West, Kiev indulge in nuclear blackmail by demanding control of ZNPP — Russian MFA

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Colombian president displays interest in country’s entry into BRICS

Brazilian leader Luiz Inacio Lula da Silva welcomed Gustavo Petro’s initiative, "being committed to promotion of Colombia’s candidacy"

US gives nod to Israeli operation in Rafah in exchange for canceling major attack on Iran

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French president says creating Israeli-type air defense network for Ukraine impossible

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Argentina applies for status of NATO’s global partner

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Energy prices help US economy to develop better than Europe — IMF

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US veto for Palestinian membership proves Washington’s anti-Palestinian stance — Hamas

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Ukrainian military under constant gunfire by Russian troops near Urozhainoye, says POW

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Germany fails to present evidence in case of espionage suspects — Russian embassy

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US blackmails other countries at United Nations — Russian mission

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Russia-China military-technical cooperation not directed against other states — diplomat

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Chief prosecutors of Russia, Venezuela sign cooperation agreement in Caracas

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Russian artillery thwarts Ukrainian army’s rotation near Kupyansk — underground resistance

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US names lack of reforms as reason to block Palestinian membership resolution

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CIA chief says Ukraine could lose by end of this year — Politico

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Ukrainian president admits Russian troops’ advancement

Vladimir Zelensky asked his country’s supporters to provide "everything that helps to hold the frontline," including shells, military vehicles and drones

Ukraine convicts 12th world chess champion for recognizing Donetsk, Lugansk republics

The two other State Duma members mentioned in the verdict alongside Karpov are Viktor Kazakov and Georgy Karlov

Yerevan's refusal to delimit borders with Baku to escalate regional tensions — PM

Nikol Pashinyan pointed out that the demarcation process also involves risks, but they are manageable, after which "Armenia will become ten times stronger"

Iran threatens to attack Israel's "nuclear centers" in case of aggression on its part

Ahmad Haqtalab argued that Israel had been conducting "subversive and terrorist activities" against the Islamic republic's nuclear infrastructure for year

Press TV reports all of Iran's hypersonic missiles hit intended targets in Israel

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Fu Cong denied claims that direct talks with Israel are a vital precondition for Palestine’s UN membership

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Fox News said the Jewish state delivered a limited strike on Iran

EU summit calls to continue work on duties on Russian, Belarusian agricultural produce

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Israel assesses effectiveness, consequences of strike on Iran — media

A spokesman for the Israel Defense Forces declined to comment on the reports of the strike

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Germany moves to exclude Russia from concentration camp liberation celebrations

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