Norway allocates $200 million to provide Ukraine with gas
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The Norwegian government will provide Ukraine with financing in the amount of $200 million for the purchase of gas, Prime Minister of the Kingdom Jonas Gahr Støre said. transmits TASS.
“Ukraine asked Norway to help in providing access to energy resources. We proposed using 2 billion kroons of financial assistance for the purchase of blue fuel by Kyiv in autumn and winter,” he said.
Funds from the previously announced $1 billion aid package will be used for these purposes, and gas will be used to heat hospitals and schools, he added. Payments will be made through the European Bank for Reconstruction and Development.
Formerly the Budget Committee of the Verkhovna Rada of Ukraine supported a bill to increase state budget spending by 12.7 billion hryvnias (about $342 million) with the help of external borrowings for gas purchases. Prior to this, Rada deputy Yaroslav Zheleznyak said that Ukraine plans to take a $350 million loan from Canada for gas purchases by Naftogaz. The loan, according to him, will be taken for ten years at 1.6% per annum.
The head of Naftogaz, Yuriy Vitrenko, said at the end of July that by August, storage reserves would amount to 11.8 billion cubic meters. m of gas. According to him, the company continues to accumulate gas at a rate of 34-35 million cubic meters. m per day. To pass the heating season (starts in mid-October), Ukraine needs 15-19 billion cubic meters. m of gas.
According to the Financial Times, Norway predicts a profit from energy exports in the amount of about 100 billion euros by the end of 2022. A year earlier, this figure was “only 30 billion euros.” As the newspaper wrote, the heads of EU companies importing Norwegian gas “privately” asked Norway to agree to gas exports at a reduced price, but the kingdom would take this step doesn’t wantthe newspaper E24 later noted, citing the Minister of Oil and Energy of the Kingdom, Terje Osland.
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