The European Commission, together with the European Investment Bank, has provided an additional €50 million to Naftogaz.
The funds will support Ukraine’s energy system amid one of the harshest winters since the war began. According to the European Commission, this financing will help ensure heating and energy supply for households, critical services, and businesses across the country amid ongoing Russian attacks on energy infrastructure and sharply falling temperatures.
European Commissioner for Enlargement Marta Kos stated that the situation in Ukraine is dire.
“What Russia is doing is state terror. People are freezing to death. Many are fleeing Kyiv and other cities. The EU has worked closely with Ukraine to stabilize the energy system, but the scale of Russian attacks means urgent additional support is needed. This emergency €50 million loan is one of several measures. We are exploring all possible ways to help the Ukrainian people,” she said.
Including prior assistance through the Ukraine Facility, the total EU support for emergency gas procurement this winter now amounts to €977 million.
Naftogaz has also committed to reinvesting an amount equivalent to this funding into renewable energy and decarbonization projects, ensuring that immediate energy security aligns with long-term green transition goals.