Details of the New Agreement
The agreement includes:
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€270 million in financing from the EBRD
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An additional €140 million in grants from the Norwegian government
Prime Minister Shmyhal emphasized that these funds will enable NJSC Naftogaz of Ukraine to import significant volumes of natural gas to ensure energy stability ahead of the upcoming heating season.
Broader EBRD Support for Ukraine
Since the start of the full-scale invasion, the EBRD has mobilized more than €6 billion for Ukraine in the form of:
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Loans
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Grants
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Guarantees
This funding has been critical in supporting Ukraine’s economy, energy sector, and critical infrastructure during wartime.
Future Investment Plans
Looking ahead, the EBRD plans to invest at least €1.5 billion in Ukraine in 2025. Notably, €1 billion of this amount is earmarked specifically to strengthen Ukraine’s energy sector, helping the country withstand external threats and improve energy independence.
