Overview
- The Cabinet on Oct. 23 approved ₴8.4 billion from the reserve fund for Naftogaz to purchase imported gas for the 2025/2026 heating season.
- Prime Minister Yuliia Svyrydenko on Oct. 24 estimated about €2 billion is needed to finance additional gas imports.
- She outlined two funding streams: internal reserves including the reserve fund, Ukrainian banking and Naftogaz, plus external grants and loans.
- Partner support cited includes a €150 million grant from Norway and €60 million announced in talks with Germany, with EBRD and EIB discussions ongoing.
- Ukraine hit its 13.2 bcm storage target, yet recent attacks on gas infrastructure created urgent import needs; a further ₴93.6 million will install eight cogeneration units in Zaporizhzhia to bolster local heat supply.