Energy Headlines

May 4, 2012

Fuel and Energy Ministry: Gov't endorses 14 investment projects for reforming and support of FEC under economic crunch

The Cabinet of Minister have endorsed 14 investment projects directed to reforming and support of fuel and energy complex under conditions of the economic crisis to the tune of UAH 58 bn.

Prime Minister of Ukraine Yulia Tymoshenko announced during the Govt’s sitting.

“At least 15 bn out of this sum is planned to assimilate in 2009. But it is the preliminary sum and we will make our best to approach amounts of implementation of works to increase this number and give an opportunity to develop such projects on the market, which would provide our people with new workplaces, our enterprises – with markets, our builders – with workloads,” Yulia Tymoshenko stressed.

Source: Government Portal

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