KIEV, Dec. 11 – The European Bank for Reconstruction and Development will lend Ukraine $200 million for the upgrading by Ukrainian pipeline operator Ukrtransgaz of the Urengoy-Pomary-Uzhgorod gas pipeline, which supplies Russian gas to Europe.

The project, which will be implemented by Ukrtransgaz, consists of the replacement of four sections of the Urengoy-Pomary-Uzhgorod gas pipeline, which are in need of repair as well as the modernization of the Romny gas compression station, the EBRD said.