“Naftogaz and the European Bank for Reconstruction and Development (EBRD) have signed a record for Ukraine for 500 million euros for Ukraine for gas. Source: Prime Minister Yulia Sviridenko, “European Truth” details: she noted that it was the largest project of the bank in Ukraine.”, – WRITE: www.pravda.com.ua
Source: Prime Minister Yulia Sviridenko, “European Truth”
Details: She noted that it was the largest project of the bank in Ukraine. For the first time such a loan is provided under the EU guarantee, without the state guarantee of Ukraine.
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“This will allow Ukraine to better prepare for the heating season and provide Ukrainian homes with warmth and light even in the most difficult days of winter. Thank you to the EBRD and the EU for support, as well as the government and the teams of Naftogaz for professional work,” Sviridenko said.
The EBRD specified that the loan is supported by the EU Guarantee, which covers 90% of the loan amount under the investment program for Ukraine aimed at unblocking financing for the restoration and long -term growth of Ukraine.
The bank emphasized that the allocation of these funds is a consequence of Russia’s large -scale attacks on Naftogaz gas production and processing facilities in the first half of 2025.
This is the fourth packet of funding provided by the EBRD of Naftogaz since the beginning of the full -scale war of Russia against Ukraine in 2022.
Naftogaz’s total funding by the bank is EUR 1.6 billion, including EUR 1.27 billion in the form of EBRD loans and € 330 million in the form of grants provided by Norway through the EBRD.
In April, the EBRD plans to allocate about 1 billion euros in 2025 to help Ukraine restore the damaged energy sector and increase energy stability.