The Overseas Private Investment Corporation announced it will provide guarantees for a $38 million loan to Energy Resources of Ukraine (ERU) to purchase gas, OPIC has said on its website. The total cost of the project amounts to $70 million. OPIC said that ERU Trading will import LNG from the U.S. and purchase gas from local producers, store the gas in the Ukrainian gas storage facilities owned and managed by Ukrtransgaz and sell the gas to ERU Trading’s industrial customers.