Share Tweet Pocket Add to Bookmarks
You're reading: Cabinet approves raising of $3.6 billion loan from China by Naftogaz Ukrainy aimed at replacing gas by coal
Popular
on social media

“The cabinet on Wednesday approved the raising of over $3.6 billion from the Chinese bank by Naftogaz,” he said.

He said that the funds will be raised for projects to switch pumped storage plants from consuming natural gas to coal.

The parameters of the loan were not discussed by the government, the source said.

Subscribe now

In a world of fake news we help you keep it real and accurate.

Get a 4-week free trial
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: