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Overview: about the EBRDWho we are
Overview: about the EBRD
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Learn about the EBRD's journey to investing more than €220 billion in over 7,800 projects.
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Overview: how the EBRD operatesWhat we do
Overview: how the EBRD operates
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Light
Eng
Eng
- €85 million grant from Norway enables urgent gas purchases for Ukraine’s state-owned energy company Naftogaz
- Combined with €500 million EBRD loan for emergency gas purchases
- Norway’s total wartime energy support through the EBRD now exceeds €610 million
The European Bank for Reconstruction and Development (EBRD) and Norway are continuing their strong partnership to reinforce Ukraine’s energy resilience. Norway has provided a new €85 million grant (NOK 1 billion) to enable Ukraine’s state-owned gas company Naftogaz to purchase urgently needed natural gas.
The grant complements an EBRD loan of up to €500 million, signed in August 2025, and will further support Ukraine’s energy security through the financing of emergency gas purchases in light of war-inflicted damage to, and disruption of, natural gas production and supply. Together, this package strengthens Naftogaz’s ability to respond to ongoing wartime energy shocks.
With this latest contribution, Norway’s total support for Ukraine’s energy security sector via the EBRD amounts to over €610 million, including Norway’s support to Naftogaz now exceeding €490 million. Previous grants have backed major EBRD financing for emergency gas purchases and strategic reserves, helping safeguard essential energy services for millions of Ukrainians.
Since 2022, the EBRD has mobilised €3.4 billion for Ukraine, including unfunded guarantees. Overall, the Bank has deployed close to €9.3 billion since 2022, including over €3.3 billion for the energy sector. This makes it Ukraine’s largest institutional investor since the start of the full-scale war.