Naftogaz purchased 1.8 bcm of natural gas from five European companies in July-September 2017

Naftogaz purchased 1.8 bcm of natural gas from five European companies in July-September 2017

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Ukrinform
NJSC Naftogaz of Ukraine in July-September 2017 bought natural gas from Axpo Trading AG, CEZ a.s., Engie SA, RWE Supply & Trading GmbH and Uniper Global Commodities SE within the third round of disbursement of revolving credit facility funds from the European Bank for Reconstruction and Development (EBRD).

This has been stated in a press release issued by Naftogaz.

“The total value of 18 concluded contracts amounted to USD 359 million, of which USD 300 million were financed through the credit facility and USD 59 million– from Naftogaz’s own funds,” the company informed.

All five suppliers were selected by the EBRD prequalification procedure concluded in June 2017.

The weighted average price of contracts totaled USD 203 per a thousand cubic meter at delivery point.

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