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Ukraine: Naftogaz raises EUR 200 million from EBRD to strengthen Ukraine's energy security

26 Nov 2023

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Naftogaz has raised EUR 200 million from the EBRD to strengthen Ukraine’s energy security. The corresponding agreement was signed by Naftogaz Chairman of the Board Oleksiy Chernyshov and the Managing Director of the European Bank for Reconstruction and Development in Eastern Europe and the Caucasus, Matteo Patrone, on November 22, 2023.

'This is a very important step toward  strengthening the energy stability of our country in wartime conditions. I am sincerely grateful to the EBRD and Matteo Patrone for their cooperation and consistent support of Ukraine in this difficult time,' said Chernyshov.

The loan agreement will enter into force after a state guarantee has been issued.

Original announcement link

Source: Naftogaz

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