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EBRD board approves $80 million loan for Lviv's Galnaftogaz Concern
Journal Staff Report

KIEV, Oct. 16 - The Board of Directors of the European Bank for Reconstruction and Development has decided to provide an $80 million loan to Galnaftogaz Concern (Lviv), Anton Usov, EBRD Principal Adviser for External Affairs told Interfax-Ukraine by phone from London.

He said that EBRD's own funds in the syndicated loan amount to $20 million.

As reported, the International Finance Corporation on October 28 will discuss the provision of $100 million in financing to Galnaftogaz.




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