Ukraine to Import Gas from Greece, Seeks €2 Billion for Winter Energy Needs
Ukraine has secured gas imports from Greece to support its winter energy needs, as announced by President Volodymyr Zelensky. The agreement provides an additional supply route for the colder months, with Ukraine aiming to secure nearly 2 billion euros to offset production losses due to Russian attacks. Kyiv has allocated funds for gas purchases through European partners and banks, while also working with Polish partners and Azerbaijan to secure long-term contracts. Furthermore, Zelensky announced sweeping reforms across state-owned energy companies following a corruption scandal involving embezzlement, including the immediate overhaul of key enterprises and the establishment of a new supervisory board at Energoatom.
John Q. Hosedrinker