Wednesday, November 13, 2024

Italy loans 100 million euros to strengthen Ukraine’s energy sector

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According to reports, Italian Foreign Minister Antonio Tajani signed an agreement with Ukrainian and European officials on February 17 proposing support for Ukraine’s energy sector. press release From the Italian government.

Since the beginning of the full-scale invasion, Russia has launched an offensive regularly Damage or destroy equipment or facilities related to Ukraine’s energy infrastructure.

The agreement sets out the terms of a subsidized loan worth 100 million euros ($107.8 million) to the government. national energy company Ukur Hydroenergo. Mr Tajani signed the agreement with Foreign Minister Dmytro Kleba and European Bank for Reconstruction and Development (EBRD) President Odile Renaud Basso.

Italian loan is part of larger loan EBRD support program The equivalent of 200 million euros to a Ukrainian hydropower company. The other half of the loan will come directly from the EBRD.

“Italy has supported Ukraine since the beginning of the Russian aggression, and today we reaffirm our willingness to support our Ukrainian friend also in the strategic field of energy infrastructure,” Tajani said.

Mr Tajani also said that Italy’s Presidency of the Group of Seven (G7) has: I focus In support of Ukraine, Italy said it would host a conference on the reconstruction of Ukraine in 2025.

Kiev and the EBRD signed an agreement. agreement In June 2023, it will secure a €600 million ($654 million) financing package to strengthen Ukraine’s energy security. The deal allocates 200 million euros to Naftogaz, 200 million euros to Ukurnergo and 200 million euros to Ukurhydroenergo.

EBRD announced It will be financed by Naftogaz in November 2023.

Russia is launched group attack Opposition to energy infrastructure in Ukraine in the fall and winter of 2022-2023, resulting in power outage Many parts of the country are experiencing sub-zero temperatures.

This winter brought another wave of large-scale infections. strikeHowever, Prime Minister Denis Schmihal said on January 30 that the energy sector: remain stable Despite Russia’s onslaught.

Ukraine’s hydropower infrastructure was severely damaged by a Russian military attack in June 2023. exploded Kakhovka hydroelectric power plant.Representative of Ukurhydroenergo Said Construction of the new dam and hydropower plant will take at least five years and cost at least $1 billion.

Italy allocates 500,000 euros for rebuilding central Odesa damaged by Russia

Italy will support the restoration of the Transfiguration Cathedral, which was heavily damaged in a Russian missile attack on July 23.





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