OREANDA-NEWS. The ceremony took place in the presence of Vice-President of the European Commission on Energy Union of Maro? ?ef?ovi?.

The project is aimed at increasing the efficiency and commercial attractiveness of the existing transport routes, reducing the negative impact on the natural environment, improving the reliability of natural gas supplies to the European consumers via Ukraine’s territory.

The mentioned deal is a part of the project on the upgrade of the Urengoy - Pomary - Uzhgorod main gas pipeline, with the first tranche of funding (€150 million) granted by the European Investment Bank.