The head of the board of Naftogaz of Ukraine, Andrii Koboliev, said that the placed Eurobonds amounted to about USD 1 billion will allow the company to make the necessary contributions to the state budget, as well as to store enough gas in underground storage facilities to provide Ukrainians with gas during the heating season.
“Naftohaz successfully placed Eurobonds with attractive interest in the amount of more than USD 1 billion. We have seen demand even for additional funds. We were also approached by several banks with a proposal to provide a loan on similar terms, this allows us to look to the future with certain confidence and fulfill all our shareholder’s tasks both in ensuring the safety of Ukrainian citizens and filling the Ukrainian budget,” Koboliev said.
Thus, the proceeds will provide Ukrainians with gas during the heating season in case Gazprom will nevertheless stop gas transit through our country, the head of the government said, Novoe Vremia reports.
Read more: Koboliev warned about crisis due to insufficient of money in Naftogaz and termination of Russian gas transit.
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