Ukraine will begin importing gas from Greece to help meet its winter needs, President Volodymyr Zelenskyy announced on Sunday, saying the country is preparing nearly €2 billion in financing to compensate for domestic production losses caused by Russian strikes.
Ukraine will begin importing gas from Greece to help meet its winter needs, President Volodymyr Zelenskyy announced on Sunday, saying the country is preparing nearly €2 billion in financing to compensate for domestic production losses caused by Russian strikes.
In a statement posted on Telegram ahead of his expected visit to Athens, Zelenskyy said a new agreement had already been prepared with Greece, adding that it would create an additional supply route for the winter heating season.
“Today, we have already prepared an agreement with Greece on gas for Ukraine, which will be another gas supply route to secure imports for the winter as much as possible,” Zelenskyy said.
“We already have agreements in place for financing gas imports – and we will cover nearly 2 billion euros needed for gas imports to compensate for the losses in Ukrainian production caused by Russian strikes.”
The announcement comes as Russia intensifies strikes on Ukraine’s power generation, electricity transmission infrastructure and gas production facilities in the fourth year of the conflict.
Financing secured through EU guarantees and international partners
Zelenskyy said Kyiv had allocated funding for the new gas supplies through European partners and banks, supported by European Commission guarantees, as well as from Ukrainian financial institutions. He added that Ukraine was also working with U.S. partners to ensure full financing for winter energy needs.
Expanding winter supply routes
Ukraine is continuing to diversify its energy routes. Zelenskyy said Kyiv is broadening its winter supply options through Polish partners, where it is cooperating with Azerbaijan and hopes to secure long-term contracts to stabilise supply.
After his stop in Greece, Zelenskyy is expected to travel onward to France and Spain for further talks.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13rd of March, covering the latest developments you need to know.
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