Naftogaz may buy gas for EBRD funds in 11 foreign companies

The EBRD has published a list of gas suppliers that have passed prequalification and obtained the right to participate in tenders for the purchase of gas by Naftogaz of Ukraine for the funds raised from the EBRD as part of Naftogaz’s Eurobonds placement in 2019. This was reported by the press service.

“Under this project, Naftogaz can use up to €120 million euros for the purchase of gas from European suppliers that have passed pre-selection”, the statement said.

Earlier it was reported that NJSC Naftogaz of Ukraine placed Eurobonds for a period of 7 years for $500 million.

On July 12, the EBRD acquired five-year Eurobonds worth €600 million.

NJSC Naftogaz of Ukraine is the largest national company. Naftogaz is a vertically integrated oil and gas company that provides a full cycle of operations for exploration and development of deposits, production and exploration drilling, transportation and storage of oil and gas, and supply of natural and liquefied gas to consumers.

Tags: The Cabinet of Ministers, gas, Naftogaz, contracts, oil, Kobolyev, hydrocarbon production, EBRD, legislation, EU, gas imports, gas production, gas transit, GTS, foreign affairs

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