Deutsche Bank and Ukraine’s oil and gas company Neftegaz are drafting an agreement on a credit of up to two billion euros for an energy project to overhaul the Ukrainian gas transportation network
Published:
27 February 2005 y., Sunday
Deutsche Bank and Ukraine’s oil and gas company Neftegaz are drafting an agreement on a credit of up to two billion euros for an energy project to overhaul the Ukrainian gas transportation network.
First Vice Prime Minister Anatoly Kinakh told journalists on Saturday, “We are preparing a serious draft for a Deutsche Bank credit to the national joint stock company Neftegaz Ukrainy to a sum of about two billion euros for the technical modernisation of the gas transportation system and other projects.”
He said the work could be completed before President Viktor Yushchenko’s official visit to Germany scheduled for March 8-9.
According to Kinakh, one of the issues to be discussed in Germany will be cooperation in the creation of a gas transportation consortium.
“I support the resumption of systemic work on the creation of a consortium on a trilateral basis,” Kinakh said.
Earlier Ukraine, Russia, and Germany agreed to create a consortium for the development and management of the gas transportation system. Russia will contribute natural gas, Ukraine will provide transit capacities, and Germany will act as a consumer.
Yushchenko has stressed the need to resume work on the consortium with the participation of the European Union.
Šaltinis:
Itar-Tass
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »