Ukrainian company raised money for emergency purchases of natural gas, and proposed to sign a "rental agreement" with the United States

According to the "Ukrainian News" reported on June 14, the Ukraine National Natural Gas Company (NAFTOGAZ) will receive a loan of 300 million euros from the European Renaissance Development Bank, of which 50 million euros will be used for the natural gas required for some heating season for emergency procurement. The purchase amount is expected to be 1 billion euros, and it can purchase natural gas of up to 1 billion cubic meters.

It is reported that the loan is part of the European Renaissance Development Bank plans to provide part of the 1 billion euros of funds provided by other donors and partners to Ukraine to support the country's real economy.

Picture source: Screenshot of the Ukrainian True News

In addition to ensuring energy supply, the loan will also be used to support Ukrainian National Analysis Center to relieve unemployment due to Russia and Ukraine conflicts. In this package of assistance to Ukraine, the European Revival Development Bank shareholders guaranteed 66%(200 million euros) of the total loan and bear the possible investment risks. After the first 50 million euros loan, the remaining part will be It is provided under the guarantee of the donor. According to the US "Foreign Policy" website on the 14th, the CEO of NAFTOGAZ, Yuriy Vitrenko, is proposing a series of potential solutions to Washington and other Western countries, including Ukraine to obtain foreign financing, and The main exporters from the Middle East and North Africa purchased natural gas, developed a supply route for Russia's natural gas, and the "rental agreement" that might reach the import of LNG (LNG) imports with Washington.

The article on the website states that although the discussion about the United States' support for Ukraine's energy industry is still in the early stage, Witlianko has praised the government's "very helpful."

"They are very clear to provide necessary assistance to Ukraine. We hope to build it (aid plan) in a smart way, so that the US taxpayer has no burden." Witlianko said.

(Edit: HX)

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