| Project Detail |
Project Description Provision of up to EUR 52 million debt funding to JSC Ukrgasvydobuvannya (UGV, the Company), a 100% upstream subsidiary of Public Joint Stock Company National Joint Stock Company Naftogaz of Ukraine (Naftogaz, the Parent) to finance the procurement of workover rigs and a package of energy efficiency investments. Project Objectives The Project will support the Company to sustain natural gas production from the UGVs existing fields via increased wells availability by financing a replacement of inefficient workover rigs procurement. The Project will also support energy efficiency investments, which will introduce innovative ORCbased waste heat recovery systems from existing gas turbines. |
