Cabinet approves Naftogaz's financial plan for 2014, permits delay in repayment of debt to state banks

13:06, 05.01.2015 1 min read

The Cabinet of Ministers of Ukraine has approved a financial plan and the key indicators of national joint-stock company Naftogaz Ukrainy for 2014.

The decision is stipulated in cabinet resolution No. 1281-r of December 24, 2014 posted on the government's website.

The cabinet also ordered the Energy and Coal Industry Ministry and Finance Ministry to take measures to postpone the paying of Naftogaz Ukrainy debts to state banks Oschadbank and Ukreximbank from 2014, to a future date without the reduction of the debts.

Oschadbank and Ukreximbank were recommended to postpone Naftogaz Ukrainy’s repayment date, while the National Bank of Ukraine is to secure the realization of these recommendations.