EBRD and EIB to allocate $308 million for Ukraine’s gas transport system reconstruction

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have signed a memorandum of understanding with Ukraine's national oil and gas company, NAK NaftoGaz, to allocate $308 million for the modernization of its obsolete gas transportation system.

read more... 25/07/2011