- The Chinese will help Ukraine to change gas for coal
December 27, 2012, 12:02 Photos: mirtankov.su In the Ukrainian economy attracted investment from China. They will be used to implement projects related to the substitution of gas for domestic coal.
25th December 2012 the Cabinet of Ministers of Ukraine signed a credit agreement. Information about the signing of the agreement is available on the official website of the Government of Ukraine. "Naftogaz" will receive funding of $ 3.656 billion dollars from the State Development Bank of China. The funds will be obtained for the implementation of the four investment projects under the state guarantees of Ukraine.
The plans to achieve from gas to coal of about 4 billion cubic meters a year, with the creation of new jobs and saving an average of 1.5 MRD. U.S.. For domestic coal producers to ensure a market for 10 million tons each year.
Earlier, in July 2012, the Verkhovna Rada approved the granting of state guarantees for the development of the State Bank of China. Approved for loan guarantees totaling 29.5 billion dollars