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Naftohaz Ukrainy to repay loans
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Monday, 15 Jun 2009
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Ukrainian News Agency cited Ms Yulia Tymoshenko Prime Minister of Ukraine as saying that Naftohaz Ukrainy national joint-stock company intends to repay loans attracted to finance gas pumping into the underground gas storage facilities after the fuel is sold to the consumers.

She also said that the attraction of the funds by Naftohaz Ukrainy has nothing to do with the issue of money. She said that Naftohaz Ukrainy is in a good financial state now.

As Ukrainian News earlier reported, to pay for the imported in May, Naftohaz Ukrainy attracted UAH 3.8 billion.

Mr Viktor Yuschenko President has urged the National Bank of Ukraine to issue hryvnias to obtain funds for the gas payment to the Russia's gas monopoly, Gazprom in May. However, presidential envoy for the international energy Bohdan Mr Sokolovskyi said that there was no money issue but the loan attracted from the Oschadbank.

(Sourced from Ukrainian News Agency)

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