To provide Ukraine with gas for the heating season, $2.5 billion has been raised – Head of Naftogaz

JSC “Naftogaz” and Ukraine’s Western partners have allocated $2.5 billion for gas purchases to get through the winter. This was stated in an interview with The Washington Post by Serhiy Koretsky, Chairman of the Board of NJSC “Naftogaz of Ukraine,” as reported by UNN.

DetailsAccording to Koretsky, Ukraine has signed contracts covering about 95% of the country’s gas needs when the central heating system is launched on November 1. To finance the purchases, Naftogaz paid $1 billion from its own funds, and the European Bank for Reconstruction and Development, the Norwegian government, and other institutions provided $1.5 billion in external financing.

At the same time, Mykhailo Honchar, head of the Kyiv-based Center for Global Studies “Strategy XXI,” stated that these funds would be sufficient if the winter is mild, but if temperatures drop significantly, they will not be enough. In addition, massive Russian missile and drone attacks on critical infrastructure facilities this winter should not be ruled out.

RecallHead of the Ministry of Energy Svitlana Grinchuk stated that Ukraine will need to import more than 4.5 billion cubic meters of additional gas to successfully get through the heating season.