The European Bank for Reconstruction and Development (EBRD) has decided to provide the National Joint-Stock Company Naftogaz of Ukraine with financing in the amount of up to 270 million euros. These funds will be used to purchase natural gas, which will allow the country to ensure stable passage of the next two heating seasons.
This was announced by the Prime Minister of Ukraine Denys Shmyhal, emphasizing that financial support from international partners is key to the energy security of the state. He emphasized that these funds will make it possible to replenish gas reserves in underground storage facilities and guarantee stable heat supply to Ukrainian consumers.
In addition to credit resources, through the EBRD, Ukraine will receive an additional 140 million euros in the form of grant financing from the Norwegian government. These funds do not require repayment, which allows significantly reducing the financial burden on the Ukrainian economy and directing more resources to other critically important areas.
The funds received will be used to purchase natural gas and pump it into underground storage facilities, which is an important stage of preparation for the winter period. This is especially relevant in conditions of martial law, when the stability of the country's energy system remains a strategic priority.
Cooperation between Ukraine and the EBRD in the energy sector has been going on for several years. The Bank regularly provides financial support to ensure the energy security of the state. Such initiatives allow the country to strengthen its own energy independence, increase gas reserves and diversify sources of supply.
Thus, financing from the EBRD and Norway will be an important contribution to preparations for future winter periods. This will allow Ukraine to avoid gas shortages, ensure uninterrupted operation of the energy system and guarantee a stable supply of heat for citizens and enterprises.
e-finance.com.ua