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Ukraine earns nearly $20 million in first month of selling electricity to EU.

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Volodymyr Kudrytskyi, head of the state electricity grid operator Ukrenergo, said during a briefing that the figure is expected to increase significantly in the following months as the volume of electricity exports grows. Ukraine began exporting electricity to the EU using an interconnection with Romania on July 1.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Ukraine's state energy giant Naftogaz has signed its first agreement to import natural gas from Azerbaijan, the company said in a press release on July 28. The deal comes as gas storage reserves have fallen to their lowest level in at least 11 years, driven by Russian attacks on Ukraine's energy grid.

"Ukraine has already achieved a lot on its European path. It must build on these solid foundations and preserve independent anti-corruption bodies, which are cornerstones of Ukraine's rule of law," European Commission President Ursula von der Leyen said on July 27.

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