You're reading: Reuters: Naftogaz says charter change threatens gas purchases from Europe

Ukraine has changed the charter of Naftogaz in violation of a deal with foreign creditors, in a move that could hold up a $500 million loan for vital gas purchases from Europe, the state-run energy firm said on Sept. 16.

“These funds are essential for gas purchases that will allow Ukraine to get through the winter season in a stable manner,” Naftogaz said in emailed comments.

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