Naftogaz received financing from the EBRD and Norway for gas purchases.
Naftogaz has received a loan of 270 million euros from the European Bank for Reconstruction and Development, as well as a grant from the Government of Norway amounting to 140 million euros through the NORAD fund. The transactions will be carried out through the EBRD.
The loan and grant agreements were signed by Naftogaz Chairman Roman Chupryna and Deputy Director of the EBRD in Ukraine Mark Magalevskiy.
'The company expresses its gratitude to the Government, the Ministry of Economy of Ukraine, the Ministry of Finance of Ukraine, the Ministry of Energy of Ukraine, the EBRD, the Ministry of Foreign Affairs of the Kingdom of Norway, and the NORAD fund, as well as the Naftogaz team for their successful cooperation, which helped attract financing for gas purchases', - the press service reported.
Roman Chupryna emphasized that the obtained funds are already available, and Naftogaz is hastily using them for gas imports: 'The funds received are extremely important for Naftogaz. They will allow the purchase of almost 1 billion cubic meters of gas, which is critically important for the stable passage of the upcoming heating season, especially amid the war and regular attacks on our energy infrastructure. I thank all partners who help Naftogaz prepare for the coming winter'.
Cooperation with international financial institutions is part of Naftogaz's long-term strategy to diversify supply sources and ensure energy stability in Ukraine.
The involvement of the loan and grant from the EBRD and the Government of Norway significantly strengthens Naftogaz's financial stability, allowing the company to ensure gas supplies to Ukraine during the heating season. It also demonstrates the support and trust of international partners in the Ukrainian gas sector. Attracting funds will help ensure the stability of the country's energy system amid war and threats to energy infrastructure.
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