KIEV, Nov. 5 – Germany's Deutsche Bank AG will open a EUR 53.575 million credit line for Ukrtransgaz, a subsidiary of Naftogaz Ukrayiny, to finance the reconstruction of the Bar compressor station on the Soyuz trunk gas pipeline.

According to a report by Ukrtransgaz in the Visnyk Derzhavnykh Zakupivel state procurement bulletin, the cost of the servicing of the line will amount to EUR 13.908 million.

The lending period is up to 10 years and 9 months from the moment the borrower receives funds.