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EU and Germany Expand Support for Ukraine’s Energy Recovery With New €18M Package
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4 Articles
The European Commission (EC) has allocated more than EUR 3 million for technical and commercial studies of the planned carbon dioxide (CO2) terminal in Klaipėda by state-owned oil and liquefied natural gas (LNG) terminal operator KN Energies.
Ukraine and the EBRD are working together on nine energy projects.
Ukraine’s Minister of Finance, Serhiy Marchenko, and Mark Bowman, VP of the EBRD, have agreed to continue these initiatives, which are aimed at strengthening Ukraine’s energy security. During their meeting in Kyiv, they reviewed the progress of ongoing projects and explored the potential for further cooperation in the energy sector. Currently, the EBRD finances nine energy projects out of the 14 operating in the public sector, amounting to a tot…
EU and Germany Expand Support for Ukraine’s Energy Recovery With New €18M Package
The European Union and Germany have announced an additional €18 million (approximately $19.4 million) in funding for Ukraine’s Energy Efficiency Fund, with €13 million (about $14 million) coming from the EU and €5 million (almost $5.4 million) from Germany. The announcement was made by EU Ambassador to Ukraine Katarína Mathernová during a briefing in Kyiv, as reported by Ukrinform. on June 11 “We are also allocating more funding for investments …
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