Ukraine fails to attract loans worth USD 288.7mn for LNG terminal construction.

By bne IntelliNews March 13, 2013
Ukraine has failed to attract two loans worth USD 288.7mn to finance the construction of a LNG terminal because less than two bids were made and the tender was canceled, Kommersant-Ukraine newspaper reported, citing an unnamed source. At the same time, newspapers source in the Department of Energy states that in case of successful negotiations with Russia on the price of gas, Ukraine may cancel the LNG project altogether.

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