The European Commission and the European Investment Bank have provided an additional €50 million ($58 million) loan to state-owned Naftogaz of Ukraine, according the European Commission.
The funds will support Ukraine's energy system during what officials describe as the harshest winter since the war began. The financing is intended to ensure heating and energy supply for households, critical services, and businesses across the country.
"The news coming from Ukraine every morning is horrific. What Russia is doing is state terror. This is beyond war. People are freezing to death. Many are fleeing Kyiv and other cities," said European Commissioner for Enlargement Marta Kos.
This loan is part of the Ukraine Facility program. With this addition, total EU support for emergency gas purchases for the 2025-2026 winter has reached €977 million ($1.13 billion).
Under the agreement, Naftogaz is required to reinvest an amount equivalent to this financing in renewable energy and decarbonization projects.
On 29 January, the European Commission also announced €145 million ($168 million) in emergency humanitarian aid to Ukraine amid intensifying Russian attacks.
On 27 January, a shipment of 76 emergency generators from EU strategic reserves arrived in Kyiv.
