KYIV. Aug 11 (Interfax-Ukraine) – The World Bank may allocate $500 million to Ukraine for purchase and pumping gas into underground storage facilities, Ukrainian Energy and Coal Industry Minister Volodymyr Demchyshyn said at a briefing in Kyiv on Monday.
“Active negotiations are being held with the World Bank, which is talking about $500 million, and IFC, that is ready to talk about $200-250 million to buy gas by a foreign trader,” he said.
Demchyshyn also reminded that there already were some agreements with European Bank for Reconstruction and Development, according to which the financial institution might allocate $300 million for the same goals.
