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Ukraine Gas Supply Security Facility

Abstract*

The development objective of the Gas Supply Security Facility Project for Ukraine is to enhance Naftogaz’s ability to increase Ukraine’s security of gas supply, by facilitating access to cost-effective financing and improving the terms of the gas supply contracts supported under the project. The project is composed of one investment project financing (IPF) component, support for Naftogaz’s gas purchases. The component is supported by an International...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Projectâ??s Development Objective is to enhance Naftogazâ??s ability to incr ease Ukraineâ??s security of gas supply, by facilitating access to cost-effectiv e financing and improving the terms of the gas supply contracts supported under the Project.

Key Details

Project Details

  • P155111

  • Closed

  • Dmytro Glazkov , Jukka-Pekka Strand

  • N/A

  • Ukraine

  • October 28, 2015

  • (as of board presentation)

    October 18, 2016

  • N/A

  • US$ 0.00 million

  • N/A

  • Not Applicable

  • November 25, 2020

  • BANK APPROVED

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IBRD Guarantee 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount N/A
Total Project Cost** 500.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 18, 2016 IBRD-G2440 Loan Commitment 500,000,000.00
Jul 31, 2020 IBRD-G2440 Loan Cancel 566,791,620.00
Dec 15, 2017 IBRD-G2440 Int Charges 1,410,821.10
Mar 1, 2017 IBRD-G2440 Fee Charges 1,014,697.00
Mar 1, 2017 IBRD-G2440 Int Charges 1,014,697.00
Mar 1, 2017 IBRD-G2440 Fee Charges 1,259,742.90
Mar 1, 2017 IBRD-G2440 Int Charges 1,259,742.90
Jun 15, 2017 IBRD-G2440 Fee Charges 1,335,132.60
Jun 15, 2017 IBRD-G2440 Int Charges 1,335,132.60
Jun 15, 2018 IBRD-G2440 Fee Charges 1,386,368.90
Jun 15, 2018 IBRD-G2440 Int Charges 1,386,368.90
Dec 15, 2018 IBRD-G2440 Fee Charges 1,349,421.40
Dec 15, 2018 IBRD-G2440 Int Charges 1,349,421.40
Dec 15, 2019 IBRD-G2440 Loan Cancel -534,483,488.00
Dec 15, 2019 IBRD-G2440 Loan Cancel 534,483,488.00
Dec 15, 2017 IBRD-G2440 Fee Charges 1,410,821.10

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2019-07-31
Overall Safeguards Rating Satisfactory 2019-07-31

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.