EBRD ready to participate in increasing gas production in Ukraine.

By bne IntelliNews October 11, 2011
The European Bank for Reconstruction and Development is ready to take part in projects for building up output of hydrocarbons in Ukraine, EBRD Managing Director for Energy Riccardo Puliti has announced in an interview with Zerkalo Nedeli newspaper. Puliti believes that Ukraine's key problem is its dependence on energy imports from one source. He remarks, the EBRD is ready to take part in privatisation of energy companies in Ukraine on condition of the privatisation process maximum transparency and predictability. At the same time, Puliti said that the EBRD would not finance the exploration of energy resources, as the Bank only works with proven reserves.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss