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
The financial and economic crisis has shown that reckless behaviour of banks and other financial institutions can have serious and costly consequences for Europe's economy and its people.
more »
Local services that create jobs and improve energy efficiency received a boost Thursday (2 September) when MEPs on the Industry, Research and Energy Committee approved plans for more investment.
more »
The European Commission approved the first financing decisions under the EUR 264 million 2010 allocation for the so-called Vulnerability FLEX mechanism to help the most vulnerable African, Caribbean and Pacific countries cope with the impact of the global financial crisis and economic downturn.
more »
The European Commission has today updated the list of airlines banned in the European Union to impose an operating ban on one air carrier from Ghana and to place operating restrictions on another air carrier from that country.
more »
The European Commission today approved an application from Denmark for assistance under the European Globalisation adjustment Fund (EGF).
more »
Algirdas Šemeta, EU Commissioner for Taxation, Customs Union, Anti-Fraud and Audit, will open tomorrow an international conference at the Shanghai World Expo 2010 on building bridges to facilitate trade between China and the EU.
more »
Moldova is set to receive an EU grant of up to €90 million to help it through the financial crisis, following a vote at Parliament's Committee on International Trade on Monday.
more »
Important notice: since May 2010 business surveys data are classified in accordance with an updated version of the Nomenclature of Economic Activities (NACE rev. 2) causing a potential break in series at this date.
more »
75% of Europeans think that stronger coordination of economic and financial policies among EU Member States would be effective in fighting the economic crisis, according to the Spring 2010 Eurobarometer, the bi-annual opinion poll organised by the EU.
more »
The European Commission has extended until the end of the year the liquidity support scheme for banks in Slovenia.
more »