Naftogaz Group secures a UAH 4.7 billion loan from PrivatBank to prepare for winter

Naftogaz Group has secured a UAH 4.7 billion loan from PrivatBank. The funds will be used to build up the necessary gas reserves in underground storage facilities for the upcoming 2025–2026 heating season.

The announcement was made by Sergii Koretskyi, Chief Executive Officer of Naftogaz.

At the same time, we continue to work with international financial institutions and partner countries. I am grateful to the management of PrivatBank for their quick response to our request. Thanks to the Government for supporting our efforts to prepare for winter,” commented Sergii Koretskyi.

Naftogaz is diversifying its sources and routes of gas supply. This enhances Ukraine’s energy security and resilience amid the ongoing full-scale war. The company has now contracted a total of 440 mcm of LNG from ORLEN.

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