KIEV, July 17 – Naftogaz Ukrayiny plans to prolong by five years a loan of $2 billion issued to the holding by Russian Gazprombank, Naftogaz Ukrayiny CEO Yevhen Bakulin told reporters in Kiev on Wednesday.

"We're planning to prolong [the loan] for five years. We're working on this," he said.

Bakulin also noted that Parliament has to pass a draft law on granting government guarantees to prolong the loan.