Norway allocates nearly $54M in energy support for Ukraine
The Norwegian government announced on Tuesday, October 27, that it would provide 500 million kroner (nearly $54 million) in energy support for Ukraine ahead of winter.
The Norwegian government has allocated approximately $54 million in energy support for Ukraine, according to a press report. Energy Minister Terje Aasland made the announcement during a visit to Kyiv on Tuesday, October 27. The funding, provided under the Nansen Support Programme, will be managed through the Ukraine Energy Support Fund (UESF).
This mechanism allows for rapid allocation of funds to critical areas such as repairs, the procurement of new equipment, and strategic investments. Ukrainian officials have emphasized the urgent need for new power cables to maintain a stable energy supply. Since Russia initiated its full-scale invasion of Ukraine in 2022, Norway has contributed over 16 billion NOK ($1.72 billion) towards gas procurement, infrastructure repairs, and new investment solutions.
Norwegian Prime Minister Jonas Gahr Støre reiterated Norway's commitment to maintaining a substantial military, humanitarian, and financial presence in Ukraine for 2027.
Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
