Home / Tag Archives: European Bank for Reconstruction and Development

Tag Archives: European Bank for Reconstruction and Development

European development bank considers funding Trans Adriatic Pipeline

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TIRANA, Albania (AP) — The European Bank for Reconstruction and Development is looking to support financially the development of the Trans Adriatic Pipeline, which plans to bring gas across the Balkans and on to Italy. President Suma Chakrabarti told Albanian Prime Minister Edi Rama during a visit Tuesday that the pipeline project was of great interest as it would help ...

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Ukraine gets loan to modernize gas pipelines

KIEV, Ukraine — Ukraine landed a 150 million euro ($187 million) loan on Monday to modernize its section of the pipeline used to deliver natural gas from Russia to Europe. Ukrainian Prime Minister Asreniy Yatsenyuk said optimization of the country’s gas pipelines would lower the cost of transporting the fuel by 20 percent. The loan is being provided to state-owned ...

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