March 30, 2025
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Economy

Norway allocates $95 million to finance gas imports to Ukraine

Norway allocates $95 million to finance gas imports to UkraineNorway allocates an additional $95 million for gas imports to Ukraine through the European Bank for Reconstruction and
Development. The funds will be used to purchase gas from Western sources for the needs of the population and enterprises.
”, — write: unn.ua

The Norwegian government is allocating an additional $95 million to finance gas imports to Ukraine to ensure adequate supply for the population, businesses and industry. This is reported on the official website of the Norwegian government, writes UNN.

Details

Prime Minister Jonas Stere said that Norway is contributing to meeting Ukraine’s urgent need to increase funding for gas imports. This is important to provide electricity and heating to homes, businesses and government institutions.

“The funding is provided under the Nansen Support Program for Ukraine, and NOK 1 billion ($95 million) is allocated from appropriations for the energy sector of Ukraine for 2025,” the website says.

Funding is provided under the Nansen Support Program for Ukraine, and NOK 1 billion ($95 million) is allocated from appropriations for the energy sector of Ukraine for 2025

It is noted that the funds will be directed through the European Bank for Reconstruction and Development to purchase gas from Western sources. The Ukrainian company Naftogaz will receive gas and use it to meet the needs of consumers. In addition, the company will increase gas reserves in case of further Russian attacks on gas infrastructure.

Norwegian Foreign Minister Espen Barth Eide noted that access to electricity is essential to ensure the safety of Ukrainians and the continued functioning of society. He added that Russia’s attacks on energy supply are attempts to undermine Ukraine’s economy and the Ukrainian people’s confidence in their government. 

Recall

Ukrainian Foreign Minister Andriy Sybiha said during a press conference on March 26 that Norway would provide Ukraine with about $8 billion in aid this year. said that Norway will provide Ukraine with about $8 billion in aid this year.

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