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Ukraine seeking IMF help to finance $1 billion pipeline modernization
Journal Staff Report

KIEV, Feb. 27 - Ukraine is looking to bring the World Bank on board to help finance the modernization of the Urengoi-Pomary-Uzhgorod trunk gas pipeline, the overall price tag on which is an estimated $1.024 billion.

According to the Ukrainian Energy and Coal Industry Ministry, this was discussed during a meeting involving Energy and Coal Industry Minister Eduard Stavytsky and World Bank Country Director for Ukraine, Belarus, and Moldavia Qimiao Fan in Kiev on Tuesday.




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