A Strategic Reserve with a budget of almost 200 million euros will be created within the framework of the Energy Support Fund of Ukraine - Shmyhal
Kyiv • UNN
Within the framework of the Support Fund, an equipment reserve is being created to prepare for winter. Ukraine's total recovery needs are estimated at 5.4 billion euros.
First Deputy Prime Minister - Minister of Energy Denys Shmyhal announced important results of negotiations with international partners in Brussels: a Strategic Reserve will be created within the framework of the Energy Support Fund for Ukraine, UNN reports.
The available budget of the Reserve currently stands at 197 million euros. Thanks to this mechanism, Ukrainian companies will be able to accumulate energy equipment before next winter and then, if necessary, use the formed reserves for repairs.
In addition, according to the Minister of Energy, financial needs of Ukraine for preparation for the next winter were agreed with partners in Brussels.
We are working to fully meet our needs. In particular, we expect 5.4 billion euros.
In Brussels, according to Shmyhal, a series of meetings took place with representatives of the European Commission: Kaja Kallas, Marta Kos, Dan Jørgensen. There were also negotiations with colleagues from other countries.
We talked about the restoration and protection of energy facilities, equipment for repairs, and sanctions against Russian energy resources. I thank the European Commission, the member countries of "Energy Ramstein", the Secretariat of the Energy Community, and all donors of the Energy Support Fund for Ukraine, whose contributions have already exceeded 1.87 billion euros.