Web users in Montenegro urge sanctions against US for incident with PMWorld May 26, 18:26
Kremlin suspects Trump played 'Russia threat' card to make NATO allies cough up 'dues'Russian Politics & Diplomacy May 26, 18:15
This week in photos: Trump with Pope, St Nicholas relics in Moscow and Zuckerberg's degreeSociety & Culture May 26, 17:45
Bolshoi Theater vows to put on at least 10 new shows next seasonSociety & Culture May 26, 17:34
First out of four IS members detained in Moscow arrested for 2 monthsSociety & Culture May 26, 17:17
Putin says attackers, masterminds of terror attack in Egypt must not go unpunishedRussian Politics & Diplomacy May 26, 17:13
Russian oil and gas companies may use Ka-62 helicopter for Arctic projectsBusiness & Economy May 26, 17:05
Russia may increase spending on military bases abroadMilitary & Defense May 26, 16:45
Lavrov praises Eurasian integration projectsBusiness & Economy May 26, 16:40
BERLIN, October 23. /TASS/. Ukraine’s Finance Minister Natalie Jaresko and first Vice President of the European Bank for Reconstruction and Development (EBRD) Phil Bennet have signed an agreement on allocation of $300 mln to Ukraine for the purchase of gas supplied to the country’s Western border.
The signing ceremony took place in Berlin in the presence of Germany’s Chancellor Angela Merkel and Ukraine’s Prime Minister Arseniy Yatsenyuk.
Ahead of the signing Minister of Energy and Coal Industry of Ukraine Vladimir Demchishin said that the allocated funds will be spent primarily on buying gas from the EU countries (the so-called reverse exports).
At the same time he spoke against that agreement, as it provides for the signing of the Plan for Corporate Governance of Naftogaz. This may lead to the situation when the assets of such companies as Ukrtransgaz, Ukrgasdobycha, Ukrtransnafta and Ukrnafta will be privatized and concentrated in the hands of one company, he said.
The EBRD said that the loan will contribute to strengthening Ukraine's energy security through diversification of suppliers and routes of gas supply.
The bank also said that the loan is linked to a joint project with Naftogaz on the upgrade and repair of the Western part of the Urengoy-Pomary-Uzhgorod gas pipeline.
Currently, Ukraine imports gas from Europe in small amounts - about 10 million cubic meters per day, against 110-115 million cubic meters gas from Russia.