Naftogaz signs EUR 85 million grant agreement with EBRD for purchase of imported gas - Board Chair Koretskyi

The Naftogaz Group has signed a grant agreement with the European Bank for Reconstruction and Development (EBRD) for EUR 85 million.

This is said in a statement by the group, the Ukrainian News agency reports.

The report says that the grant is provided by the Government of Norway and will be used to finance the purchase of imported natural gas to ensure a stable heating season.

"The grant is provided by the Government of Norway thanks to the agreements between President of Ukraine Volodymyr Zelenskyy and Prime Minister of Norway Jonas Gahr Støre and will be used to purchase additional volumes of imported gas to partially compensate for the loss of domestic production as a result of Russian attacks. I thank the Government of Norway, the NORAD Foundation and the EBRD for their timely and important support," said Serhii Koretskyi, the Chairman of the Board of the Naftogaz of Ukraine.

Financing is provided through the EBRD's donor cooperation mechanisms and is aimed at responding quickly to the urgent needs of the Ukrainian energy sector.

The grant from the Government of Norway is part of broader international support aimed at strengthening Ukraine's energy security in the face of ongoing russian aggression.

As the Ukrainian News agency earlier reporte, in late January, the Naftogaz of Ukraine NJSC has attracted EUR 50 million in long-term financing from the European Investment Bank (EIB) to import natural gas and ensure stable operation of the energy system in winter.

In early November 2025, the Naftogaz Group signed a grant investment agreement with the European Investment Bank (EIB) for the amount of EUR 127 million.

Earlier, Naftogaz attracted loans from the state-owned PrivatBank, Ukreximbank, Oschadbank and Ukrgasbank.