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Presidential official: Naftogaz talks with EBRD, EIB ‘frozen’
Journal Staff Report

KIEV, Oct. 6 - The Ukrainian government is not meeting its commitments to the European Bank for Reconstruction and Development, the European Investment Bank and the World Bank on raising loans for Naftogaz Ukrayiny, so the talks on the loans have been frozen, a representative for President Viktor Yushchenko said.

"The failure to meet its commitments to reform the gas sector has led to the point that as of Oct. 2, when there was a meeting of the NBU [National Bank of Ukraine], the situation was frozen," Bohdan Sokolovsky, the presidential representative for international energy security, said at a press conference on Tuesday.




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