Ukraine asked permission to spend the loan in China 3, $ 6 billion on energy
According to Deputy Minister of energy and coal industry of Ukraine Ihor Didenko, Kiev appealed to Beijing to petition to change the list before the agreed projects and to make a wider application possibilities highlighted by the China credit of $ 3, $ 6 billion for projects in the oil and gas sector. "The Ambassador confirmed that they are ready this idea to consider. We need to do technical work, to meet with the China development Bank (KDB) and to include these projects in the credit agreement ", - quotes Didenko " news Agency ". As said the chief Advisor to the Chairman of the Board of Naftogaz of Ukraine " Sergey Alekseenko, country conducts dialogues about the use of Chinese loan to Finance the construction of a connecting pipeline to Poland. This project is the most developed with the position of technical documentation, provides the shortest path the supply and is the most effective extension to the existing gas infrastructure. Remember, December 26, China has allocated Naftogaz 3, $ 6 billion on the implementation of the 4 investment projects. As reported in the print edition GLANCE, before the Ministry of energy and coal industry of Ukraine and the state development Bank of China signed an agreement providing for the possibility open for Ukraine special credit line in the amount of 3 billion 656 million dollars to implement the program of substitution of consumption of natural gas for Ukrainian coal. The relevant Protocol was signed on 13 July 2012, first Deputy Minister of energy and coal industry of Ukraine Igor Popovich and the authorized representative of the state development Bank of China Liu Bo. In the composition of the list of activities planned to implement a number of projects to Russian translation of objects of power on the use of coal-water fuel, and construction of plants for the gasification of lignite and coal using Chinese technology. At the end of September 2014, the Minister of energy and coal industry of Ukraine Yuriy Boyko predicted the signing of the loan agreement with China to implement the program of substitution of consumption of natural gas for Ukrainian coal by the end of November 2014. In addition, in the framework of Ukrainian-Chinese cooperation in the coal industry of the State development Bank of China has provided Ukraine with a loan of 85 million dollars to upgrade mine to them. Melnikova JSC " WTI crude oil ". 1st tranche in the amount of 16 million dollars was adopted in June 2011. In the General framework agreement for cooperation in the coal industry, signed in September 2010, provides for raising money for the modernization of the state coal plants totaling more than $ 1 billion.