| 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. |
