Naftogaz of Ukraine receives €23 million grant for purchasing gas abroad
Business & Economy
November 10, 15:32
As the company noted that this "will help provide the country with the necessary volumes of imported gas during peak loads of the heating season"
MOSCOW, November 10. /TASS/. Naftogaz of Ukraine has received €23 million for gas purchases, the company announced on its Telegram channel.
"Naftogaz has signed a €23 million grant agreement with the European Bank for Reconstruction and Development (EBRD), supported by the government of the Netherlands," the statement reads. "The funds will be used to purchase additional volumes of natural gas."
As the company noted that this "will help provide the country with the necessary volumes of imported gas during peak loads of the heating season."
As of the end of summer, the accumulated gas volumes in Ukraine’s storage facilities stood at approximately 80% of the minimum level required to get through the cold season.