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Norway announces more than $270 million in aid for Ukraine's energy sector

2 min read
Norway announces more than $270 million in aid for Ukraine's energy sector
Prime Minister of Norway Jonas Gahr Store speaks during a joint press conference with the President of Ukraine on August 24, 2023, in Kyiv, Ukraine. (Photo by Vitalii Nosach/Global Images Ukraine via Getty Images)

Norway has increased its total support for Ukraine’s energy sector to 3 billion kroner (around $274.2 million) as part of its broader aid plan, according to the Norwegian Ministry of Foreign Affairs.

This includes 1.5 billion kroner ($117 million) newly allocated for preparing Ukraine’s energy infrastructure for winter.

"We are working to provide more support in the energy sector and look forward to bringing more good news to our Ukrainian friends during the autumn and winter," Norwegian Foreign Minister Espen Barth Eide said.

Of the remaining amount, 1.1 billion kroner ($86 million) will be used for energy equipment purchases via the UN Development Program, 500 million kroner ($39 million) will go to the World Bank's Budget Support Facility, and 740 million kroner ($58 million) is designated for humanitarian aid to help Ukrainians prepare for the winter.

This energy aid comes days after Norway’s government announced an allocation of up to 967 million kroner (around $87.5 million) to enhance its defense industry, with a focus on supporting Ukraine.

Norway is ranked 12th in the world in terms of the amount of aid provided to Ukraine, having so far provided $2.6 billion in humanitarian, financial, and military support, according to the Kiel Institute's Ukraine Support Tracker.

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Sonya Bandouil

North American news editor

Sonya Bandouil is a North American news editor for The Kyiv Independent. She previously worked in the fields of cybersecurity and translating, and she also edited for various journals in NYC. Sonya has a Master’s degree in Global Affairs from New York University, and a Bachelor’s degree in Music from the University of Houston, in Texas.

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