Naftogaz to spend World Bank-secured loan on 1.1 bcm of gas in March
Ukraine's oil and gas giant, NJSC Naftogaz of Ukraine, will buy 1.1 billion cubic meters (bcm) of natural gas in March, using letters of credit worth more than EUR 220 million under a loan agreement with Citi and Deutsche Bank against the World Bank's guarantees, according to the company's press service.
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