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International lenders will help Naftogaz pay gas tab, Poroshenko says
Journal Staff Report

KIEV, Oct. 20 – Ukrainian national oil and gas concern Naftogaz Ukrayiny could cover a cash shortfall in payments for gas using money from the International Monetary Fund and other international financial organizations, President Petro Poroshenko said.

"The question of how we will cover the shortfall of cash and finances at Naftogaz for gas purchases must be resolved. Several arrangements were proposed. I cannot discuss them right now, but they have been agreed overall, how Ukraine will cover that shortfall," Poroshenko said in an interview on Ukrainian television on Saturday evening.




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