Netherlands provides €23 million grant to help Ukraine buy gas during winter demand peaks
Ukraine's state-owned energy company Naftogaz has signed a €23 million ($26.5 million) grant agreement with the European Bank for Reconstruction and Development (EBRD), funded by the Dutch government, to purchase additional natural gas during periods of peak winter demand.
Serhii Fedorenko, acting chairman of Naftogaz's executive board, announced the agreement on November 10.
The funding will allow Ukraine to import additional gas when consumption rises, strengthening the country's energy security during the heating season.
"Ukraine entered the heating season with sufficient gas reserves in storage. Greater capacity to import during periods of peak consumption will give the system an additional safety margin this winter," Fedorenko said.
He described the grant as part of the Netherlands' ongoing support for Ukraine's energy sector and thanked the Dutch government and the EBRD.
Ukraine had accumulated 14.6 billion cubic meters of natural gas in underground storage ahead of the heating season, according to Energy Minister Denys Shmyhal, who said the volume was sufficient to meet the country's winter needs.
The grant comes as Ukraine continues to reinforce its energy infrastructure amid Russian attacks.
Shmyhal previously said that around 40 countries were helping Ukraine prepare for winter. Nearly €507 million had been raised for the Ukraine Energy Support Fund since the beginning of 2026, while approximately 6,000 metric tons of energy equipment had been delivered to Ukrainian regions and communities.
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