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.

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