The European Bank for restoration and development (EBRD) and European investment Bank (EIB) contribute to the modernization of the Ukrainian gas pipeline Urengoy-Pomary-Uzhgorod almost 400 million dollars of credits, demonstrate the materials of these organizations.
The Urengoy-Pomary-Uzhgorod - Russian-Ukrainian export gas pipeline. He connects gas fields in the North of Western Siberia with the end users in the European Union.
The EBRD, as outlined in its materials, allocates a loan for $ 200 million to replace 4 of the pipeline sections that need repair, and modernization of compressor stations Romney. This is part of the improvement project, which implements the " Ukrtransgaz " (subsidiary of " Naftogaz " ).
" The project is expected to increase the security of gas transportation, as diagnosis pipes revealed corrosion and cracks, which are able to cause a gas leak disaster, " emphasizes the EBRD.
for his part, the EIB, as demonstrated by its materials, 21 October approved an allocation for the project is 150 million euros (about 186 million) of credit resources.
Total funding from European financial institutions will be about $ 400 million, while the total cost of the project, according to the materials of the EBRD, is $ 600 million.
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