EBRD publishes list of prequalified gas suppliers for Naftogaz.

The European Bank for Reconstruction and Development (EBRD) has published a list of prequalified suppliers that will be able to participate in Naftogaz’ tenders for gas purchase with the use of EBRD funds raised through Naftogaz’ Eurobond placement in 2019, the press service of Naftogaz has reported.

“Within the framework of the project, Naftogaz can use up to EUR 120 million to purchase gas from the prequalified European suppliers,” reads the report.

The list of prequalified suppliers approved by the EBRD includes the following companies: CEZ a.s (Czech Republic);GHG Emissions Traders and Consultants Ltd (Switzerland); Alpiq Energy SE (Czech Republic); MET Gas and Energy Marketing (Switzerland); Axpo Solutions AG (Switzerland); DXT Commodities SA (Switzerland); EDF Trading Limited (United Kingdom); Uniper Global Commodities SE (Germany); RWE Supply and Trading GmbH (Germany);- ENGIE SA (France); Shell Energy Europe Ltd (United Kingdom).

As Ukrinform reported, Naftogaz continues to raise creditors' funds through Eurobond placement. On November 4, the price of 7-year Eurobonds of Naftogaz for a total sum of USD 500 million was determined at 7.625% per annum. In July 2019, Naftogaz placed two Eurobonds: EUR 500 million with a final maturity in 2024 and USD 335 million with a final maturity in 2022.

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