Enhancing Ukrainian gas production would contribute to decreasing the EU's reliance on Russian natural gas and reinforcing the energy security of its member nations. To facilitate this objective, the German government should explore the possibility of providing financial assistance and other financial assurances to German companies considering participation in Ukrainian gas production projects,” said Chernyshov.
The parties discussed the needs of Ukraine's oil and gas sector in light of Russia’s full-scale invasion. The Naftogaz CEO emphasized:
It has been a year since the start of the full-scale invasion of Ukraine. We have managed to survive, but the war is ongoing, and we require the assistance of Germany, one of our key partners. Our primary focus is on procuring equipment for sustainable hydrocarbon production. We are also keen to leverage the expertise of the German oil and gas sector to evaluate Naftogaz's projects."
Another issue discussed at the meeting was the integration of renewable energy into Naftogaz's operations. In this regard, Naftogaz CEO Chernyshov commented:
Despite the ongoing war, Naftogaz remains committed to its renewable energy strategy. We have successfully completed five projects, one of which was implemented during the past year of war. We are currently exploring new opportunities, including a hydrogen production project in partnership with the German company RWE. We are also open to partner with other German companies on wind energy, biomethane production, and biomass heat generation projects."
Background information
The Office of the Federal Chancellor of the Federal Republic of Germany is the highest federal authority that supports the Federal Chancellor of Germany in carrying out their duties.
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