Naftogaz Secures Credit from Oschadbank to Ensure Winter Gas Supplies
Amid a critical situation marked by increased attacks on Ukraine’s infrastructure, the state-owned company Naftogaz Ukraine announced the procurement of a significant financial resource.
They have secured a loan of 3 billion hryvnias from Oschadbank, which will be specifically allocated for the purchase of imported natural gas to supply households and industries during the autumn-winter period.
According to Serhii Koretsky, the company’s CEO, the need for additional gas volumes has arisen due to extensive Russian military attacks on Ukrainian gas infrastructure, heightening energy security risks.
He emphasized that Naftogaz is working closely with Ukrainian and international partners to attract financial and technical resources to ensure a trouble-free heating season despite ongoing destruction and assaults on the gas network.
“This credit will help ensure a stable winter,” Koretsky stated.
“At the same time, the large-scale strikes by Russia last week, which destroyed about 60% of gas production facilities in Poltava and Kharkiv regions, force Ukraine to rely once again on imports to survive the upcoming winter.” The country continues to face increased risks due to destruction of gas wells and pipelines, complicating the energy situation and raising concerns about future supply stability.