Ukraine's largest oil and gas company to receive US$300m loan for infrastructure repair

The Naftogaz Group, Ukraine's largest national oil and gas company, has signed an agreement with the US EXIM Bank as part of the Ukraine Recovery Conference (URC-2026), providing for the possibility of attracting up to US$300 million for the purchase of American equipment needed to repair oil and gas infrastructure destroyed by Russia.

Source: Naftogaz Group CEO Serhii Koretskyi on Facebook

Details: This agreement is a continuation of the strategic arrangements between Ukraine and the United States on supporting Ukraine's energy sector and strengthening its resilience under wartime conditions.

Koretskyi said that the Naftogaz team had been preparing the document over the past six months. Final agreement was reached during Ukraine's Prime Minister Yuliia Svyrydenko's visit to the United States and talks with EXIM Bank President John Jovanovic.

He added that the next stage involves practical work with American companies on implementing a financial mechanism that will allow the direct lending to American suppliers and contractors for the purchase of equipment by Naftogaz Group companies.

"For us, this is not only access to an additional financial resource. It is also an opportunity to attract modern American technologies, equipment and expertise for the restoration and modernisation of our energy infrastructure," he stressed.

Background:

• Ukraine's energy minister previously announced that, as part of the URC-2026 recovery conference in Gdańsk, state and private companies in Ukraine's energy sector would sign agreements to attract more than €1 billion (approx. US$1.1 billion) in financing.
• Ukraine's prime minister announced that as part of the Ukraine Recovery Conference 2026, 160 agreements worth more than €10 billion (approx. US$11.3 billion) would be signed.

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