The European Investment Bank (EIB) will provide Ukraine with a EUR 300 million loan to purchase strategic gas reserves ahead of the upcoming heating season. The agreement was signed between Naftogaz Group and the EIB under the guarantee of the European Commission.
“I am grateful to the European Investment Bank for this extremely important and timely support, and to the European Commission for its trust. Our partners clearly understand the challenges we face due to our unfortunate proximity to Russia. With its daily shelling, this terrorist state openly demonstrates its true intentions: to destroy our energy system and leave Ukrainians without light and heat in the cold. The unity of our allies and the consolidation of efforts around our challenges is what enables us to maintain the energy front and strengthen our resilience step by step,” wrote Svitlana Grynchuk on her Facebook page.
This European financial support will help Ukraine build up sufficient gas reserves, ensuring greater security during the heating season and reinforcing the country’s energy resilience in the face of wartime challenges.
