For the Naftogaz Group team, the conference was two days of intensive work with partners from the United States, Europe, and Japan on practical solutions for Ukraine’s energy sector. The focus was on attracting financing, supplying modern equipment, developing new generation capacity, increasing production, modernising gas infrastructure, improving energy efficiency, and introducing new technologies.
One of the key documents is an agreement between NJSC “Naftogaz of Ukraine” and the Export-Import Bank of the United States (U.S. EXIM Bank) to develop a financing mechanism of up to USD 300 million. The mechanism would enable Naftogaz Group companies to procure equipment from U.S. suppliers. This will help bring damaged facilities back into operation faster, strengthen infrastructure, and introduce modern technologies into Ukraine’s energy sector.
Naftogaz Group is also working with the International Finance Corporation (IFC) on opportunities to attract private investment into Ukraine, and with ORLEN on expanding Ukraine’s access to the global LNG market and advancing cooperation on ESG.
A separate area of work is cooperation with the European Bank for Reconstruction and Development. NJSC “Naftogaz of Ukraine” signed a memorandum to expand its partnership with the EBRD, while Ukrnafta, a Naftogaz Group company, signed a EUR 44.6 million grant agreement. Together with an earlier EUR 80 million concessional financing package from the EBRD, this will help accelerate distributed generation projects with a total capacity of 62 MW. These energy sources are important for communities, businesses, and critical infrastructure, especially amid ongoing Russian attacks.
Naftogaz Group is also working with Siemens Energy, GEK TERNA, DP Pumps, NAM, and MAYEKAWA on supplies of modern equipment, engineering solutions, maintenance services, energy efficiency improvements, decarbonisation, and opportunities to attract financing.
For the Naftogaz Group team, these were two days of intensive work with partners from the United States, Europe, and Japan. The 12 agreements we signed cover financing, modern equipment, technologies, and engineering expertise for Ukraine’s energy sector. Our task is to bring damaged facilities back into operation faster, develop new capacity, and strengthen the country’s energy resilience. The next step is implementation of the agreements reached,” said Sergii Koretskyi, Chief Executive Officer of Naftogaz of Ukraine.
The Ukraine Recovery Conference brought together thousands of participants, including representatives of governments, international financial institutions, business, and civil society.
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