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Naftogaz to receive grant from Norway for gas purchases

The financing is part of a larger aid package aimed at supporting Ukraine's energy security. 

Naftogaz Group will receive funding from Norway for gas purchases. This was reported by the company's press service.

The funds will come through the European Bank for Reconstruction and Development (EBRD).

"This assistance is very important for the stability of the energy system. I thank Norway and the EBRD for their consistent support and assistance to the country," said Roman Chumak, CEO of Naftogaz Group.

The funding is part of a larger aid package aimed at supporting Ukraine's energy security. In total, Norway is allocating about 380 million euros for gas purchases, restoration of power grids, emergency generators and nuclear safety.

"Apart from weapons and ammunition, Ukraine needs support in the energy sector the most. In Kyiv, people are often left without electricity. Therefore, energy support, including financing for gas purchases, is an important element of Norway's assistance," said Norwegian Prime Minister Jonas Gahr Støre.

  • Since the beginning of 2024, Russia has carried out 16 massive attacks on Ukraine's gas infrastructure. In total, Russian military has fired more than 100 missiles at Naftogaz Group facilities. 
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