The European Bank for Reconstruction and Development (EBRD) and the Government of Norway have joined forces to assist Ukraine’s state-owned gas company, Naftogaz (NAK), so it can supply energy to Ukrainian customers during the winter and beyond.
Norway, a founding member of the EBRD, has agreed to provide a NOK 2 billion (€195 million equivalent) grant to top up a €300 million EBRD loan to NAK.
The contribution will help NAK acquire gas for two annual gas purchase and supply cycles. This will secure heating in households, schools and offices, produce electricity and keep the economy running.
“Helping Ukraine through the winter by supplying gas is of critical importance. Russia uses energy as a weapon in this senseless war with grave humanitarian and economic consequences,” said Norwegian Minister of Foreign Affairs Anniken Huitfeldt. “We are confident that EBRD is the best partner to ensure efficient, secure, and transparent facilitation of gas supplies to Ukraine.”
Find out more
News
-
EU4PFM: як ЄС допомагає реформувати управління державними фінансами України
-
EU supports development of training centres for the Armed Forces of Ukraine
-
The EU Ambassador to Ukraine, Katarina Maternová, discussed with teachers from Kyiv how to bring the EU closer to young people in Ukraine
-
Poltava Polytechnic has opened Building “F”, renovated with EU support: the renovation cost nearly €1.76 million
-
The EU and France have allocated €4.5 million for the reform of state asset management in Ukraine
-
With EU and Polish support: a modern Psychosocial Support Centre has opened in Bilhorod-Dnistrovskyi