KIEV, June 24 – Naftogaz Ukrainy expects the prolongation of terms for a loan issued by China, Naftogaz head Andriy Kobolev told reporters in Kiev.

He added that negotiations how to arrange the deal are being held with China.

"We expect that it is likely that the term of the loan will be extended. The list of projects that could take part in it could be expanded," he said.

Kobolev said that Naftogaz handed a proposal on three projects approved by the Economic Development and Trade Ministry of Ukraine to China.