Letters to EBRD regarding loan for Naftogaz pipeline

The letters were sent shortly before the EBRD's board of directors are to approve a loan for the Naftogaz Emergency Pipeline Upgrade and Modernisation project. Since the project has not yet passed through all environmental and social procedures, Bankwatch asked the EBRD's president and its board in separate letters to postpone the board decision.

• Letter to the EBRD president >> (pdf)
• Letter to the EBRD directors >> (pdf)
• The EBRD replied (pdf) on December 14, 2014.
• Bankwatch responded (pdf) to the EBRD's reply on December 22, 2014.