Tag Archives: Naftogaz

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

Italy Joins Donor Efforts with €10 Million Grants to Boost EBRD Operations in Ukraine

(IN BRIEF) Italy and the European Bank for Reconstruction and Development (EBRD) have teamed up to support Ukraine and its people during the ongoing conflict. Italy has pledged grants worth up to €10 million to support the EBRD’s operations in … Read the full press release

Ukraine’s largest natural gas producer Ukrgasvydobuvannya to reduce the country’s dependency on imports with €51.9 million backing from EBRD

EBRD provides €51.9 million loan to key Ukraine gas producer UGV Increased productivity and energy efficiency measures Environmental benefits and stronger corporate culture (PRESS RELEASE) LONDON, 3-Aug-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

Naftogaz contracts PwC Polska to facilitate the unbundling of the TSO operator from Naftogaz

KYIV, 25-Oct-2017 — /EuropaWire/ — The unbundling of the gas transmission function from Naftogaz and creating a transmission system operator (TSO) certifiable under European regulations is not only about Ukraine’s compliance with the European law; it also important for preserving gas … Read the full press release

Naftogaz: Ukraine may cease to be a net importer of gas by the end of 2020

KYIV, 25-Oct-2017 — /EuropaWire/ — Implementation of Naftogaz’ strategy and the transformation of the energy market of Ukraine may contribute more than 7% to Ukraine’s GDP and result in state budget revenues in excess of USD 8 billion. Furthermore, Ukraine may … Read the full press release

Ukrtransgaz launches customs warehouse based on 10 underground gas storage (UGS) facilities

KIEV, 16-Jun-2017 — /EuropaWire/ — Ukraine’s gas transmission system operator Ukrtransgaz launches a customs warehouse based on 10 underground gas storage (UGS) facilities, enabling gas traders to store natural gas for over 1000 days without customs clearance. On 1 June 2017, … Read the full press release

Chair of Naftogaz Supervisory Board Resigns

KYIV, 25-Apr-2017 — /EuropaWire/ — On 3 April 2017, Naftogaz supervisory board chair Yulia Kovaliv submitted her resignation letter. Her powers as a supervisory board member shall be terminated on 17 April. In her address, Yulia Kovaliv notes that the international … Read the full press release

Naftogaz proposed four investment projects to be financed by USD 3.65 billion credit facility from the China Development Bank

KYIV, 27-Apr-2016 — /EuropaWire/ — Naftogaz has submitted to the Ministry of Economic Development and Trade of Ukraine (MEDT) four investment proposals to be financed by USD 3.65 billion credit facility from the China Development Bank (CDB) signed by Naftogaz … Read the full press release

New tariffs for natural gas transmission via the trans-border pipelines for entry and exit points in Ukraine

KYIV, 5-1-2016 — /EuropaWire/ — On 29 December 2015, the National Energy and Utilities Regulatory Commission (NEURC, the regulator) approved new tariffs for natural gas transmission via the trans-border pipelines for entry and exit points in Ukraine. Following the adoption of the … Read the full press release

EBRD to extend a loan of up to $300 million to Ukraine’s national gas and oil company Naftogaz

Project to strengthen country’s energy security, support sector reforms, improve  performance and governance at Naftogaz LONDON, 1-10-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) Board of Directors has approved a project to extend a loan of … Read the full press release

Naftogaz welcomes the European Commission’s proposal to discuss the follow-up of the Binding Protocol signed by Russia, EC and Ukraine

Kyiv, Ukraine, 30-3-2015 — /EuropaWire/ — Naftogaz welcomes the European Commission’s proposal to discuss the follow-up of the Binding Protocol signed by Russia, the European Commission and Ukraine on October 30, 2014 in Brussels, which would last at least until the … Read the full press release

RWE re-starts natural gas deliveries to the Ukraine state-owned company Naftogaz

Reverse flow via Polish border started today Essen, Germany, 16-4-2014 — /EuropaWire/ — RWE AG – via its trading and gas midstream arm RWE Supply & Trading – is the first European supplier to commence gas deliveries to the Ukraine in 2014. … Read the full press release