Share Tweet Pocket Add to Bookmarks
You're reading: Azarov: Ukraine will save $1.2 billion per year with coal projects
Popular
on social media

The government has signed a protocol on cooperation with China
Development Bank on opening a special credit line and raising a total of
more than $3.5 billion in loans for implementing such coal projects.

“With implementation of the first five projects under this agreement,
one could expect such results as early as the next few years: a major
strengthening of the country’s energy security, further reduction of
natural gas import by over 3 billion cubic meters and annual savings of
up to $1.2 billion on average,” the prime minister said.

Ukraine will also manage to save up to Hr 150 million in public
funds because of the decreased subsidy of the price of gas used to
produce thermal power for households, he said.

Exclusive article

Sign up or subscribe to view more articles.
Try Kyiv Post for just 99¢ for the first month!
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: