Energy

The Ukrainian government plans to use some US financial assistance for gas purchases.

Thursday, December 1, 2022
The Ukrainian government plans to use some US financial assistance for gas purchases.

Ukraine is seeking to use part of the $500M financial assistance provided by the US via the European Bank for Reconstruction and Development to purchase natural gas for the winter, Naftogaz said on its website. Naftogaz CEO Oleksiy Chernyshov discussed Ukraine’s need to buy gas and provide electricity, water, and heating to Ukrainians with Brian McCauley, a deputy assistant secretary at the US Treasury. Part of a new $1.1B support package proposed by the White House can also be spent on gas, according to Chernyshov.

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