European officials said the European Commission (EC) is negotiating with banks in the region to provide guarantees to companies wishing to store gas in underground storage facilities on Ukrainian soil. It has been reported Finance Times.
Brussels is negotiating with banks to provide guarantees to companies that want to store their gas in Ukraine’s massive underground storage facilities, despite the possibility of extinction.
At the same time, European Commission Vice-President Maros Sefcovic noted that the EC is in talks with the European Bank for Reconstruction and Development, among other issues.
Also, according to the publication, discussions are currently underway with financial institutions and governments on “adequate insurance”.
Previously, Russian Deputy Foreign Minister Mikhail Galuzin stated that if Ukraine does not extend its gas transit agreement with Russia beyond 2024, will implement A great loss for the European Union.