KIEV, Nov. 3 - Naftogaz Ukrayiny suggested using the $2 billion loan from China Development Bank to replace individual boilers and renovate the drilling equipment of PJSC Ukrgazvydobuvannia, Naftogaz Board Chairman Andriy Kobolev has said in Kyiv.

"It is planned to use $2 billion for several projects. We believe the priority project among them is the one being approved by the Ministry of Economic Development and Trade, namely the replacement of boiler equipment in residential buildings. The purpose of the project is to reduce gas consumption in the private sector, and the target group is poor people receiving subsidies," he said.