HomeEmergencyNorway gives $400 million to Ukraine for energy sector, administration

Norway gives $400 million to Ukraine for energy sector, administration

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Jan 12 (Reuters) - Norway ​said on Monday it was providing 340 million euros ($397 million) in emergency funding ⁠to support Ukraine's energy sector and help the government maintain critical services, as part ‍of the Nordic country's wider aid to the ​war-torn nation in 2026.

Russian attacks have long targeted Ukraine's energy network and have become more intense ​in recent months at a time of plunging winter temperatures.

The Norwegian parliament late last year allocated 85 billion crowns ($8.45 billion) for aid to Ukraine, with 70 ‌billion going to military support and 15 ‌billion to civilian and humanitarian aid.

The civilian package allotted 4.8 ​billion crowns to energy security and supply, followed by 4 billion for budget support ‌and reconstruction and 3.5 billion for humanitarian ⁠assistance, with additional funding designated for business ‌development, civil society ​and governance reforms, and support for Moldova.

European countries are backing Ukraine in its defence against ⁠Russia, with EU ⁠leaders recently agreeing to a 90 billion euro ​loan.

($1 = 10.0651 Norwegian crowns)

($1 = 0.8560 euros)

(Reporting by Jagoda Darlak, ‌editing by Terje Solsvik)

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