The International Finance Corporation (IFC) from the World Bank group would provide a trade finance credit of up to $200m to Ukraine's national oil and gas company Naftogaz for it to acquire natural gas from France's ...
Disputes between Moscow and Kiev reemerged last week amid Gazprom's disruption of gas supplies to Ukraine, Kiev's ban on Russian planes flyovers, and a recent explosion of power lines on Russian-annexed Crimea.
The World Bank and the European Investment Bank (EIB) have signed an agreement to provide loans worth $520m to Ukraine for the purchase of natural gas, the World Bank
Frontera Resources Corp on Wednesday said it has signed a strategic memorandum of understanding with Ukrainian state-owned oil and gas company Naftogaz.
European officials on Friday took a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies.
Russia's plans to drop Ukraine eventually as a route for piping its natural gas to Europe have hit a snag after Russian gas exporter Gazprom called off a deal with Italy's Saipem to build a subsea link to Turkey.
Ukrainian President Petro Poroshenko believes that the agreement between Russia and Ukraine on gas transit to Europe will be extended after 2019, the current deadline, as there is no alternative to the Ukrainian route.