The National Bank of Ukraine (NBU) forecasts that gas imports will rise to $2.9 billion in 2025 due to Russia’s destruction of gas infrastructure, which will be partially financed by international partners.
“In the forecast period, production will gradually recover, but it will be insufficient to fully cover the domestic needs of the economy, including industry, housing and communal services, and households,” the National Bank said in its Inflation Report for April 2025.
The regulator expects gas procurement needs to gradually decline in 2026 to about $1.1 billion and fall to $0.4 billion in 2027.
“The continuing electricity deficit and losses in the gas production industry will hamper GDP recovery over the forecast horizon and increase the dependence of the energy and industrial sectors of the economy on imports, which will generate corresponding price risks that may be passed on to consumer prices,” the NBU added.
It is noted that significant risks of further destruction of energy infrastructure remain, and their realization could further dampen GDP growth and increase inflationary pressures. At the same time, the possibility of a faster recovery of the electricity or gas infrastructure or the introduction of new capacities remains a positive factor for the forecast.
As reported, during three years of full-scale invasion, Russia has carried out more than 30 massive complex attacks on Ukrainian energy infrastructure facilities, causing billions of dollars in damage.
According to the former head of the Ukrainian Gas Transmission System Operator (OGTSU), Serhiy Makogon, given the volume of its own production, Ukraine will need to import 5.5-6.3 billion cubic meters of gas by the start of the heating season on November 1, 2025, which will require approximately $2.5-3 billion. According to his estimates, by the start of the next heating season, it is necessary to have at least 9 billion cubic meters of reserves (excluding buffer gas) in underground gas storage facilities, as this year’s experience has shown that starting the season with lower reserves is extremely risky, since by the end of the season reserves fell to approximately 0.68 billion cubic meters.
In turn, Dmitry Abramovich, a member of the board and commercial director of the Naftogaz group, said at the end of March that Ukraine needs to import 4.5-4.6 billion cubic meters of natural gas by November 1 this year.
Since the beginning of this year, Naftogaz has contracted 1.5 billion cubic meters of gas: 800 million cubic meters were urgently imported at the beginning of the year, 400 million cubic meters will arrive in the country in preparation for next winter, and another 300 million cubic meters of LNG were purchased by Naftogaz from Poland’s ORLEN. The company is also negotiating with the government and international financial institutions to attract EUR 1 billion in financing to purchase more than 2 billion cubic meters of gas.
According to Makogon, guaranteed gas import capacity is approximately 50 million cubic meters per day, so it will take three months to import 4.6 billion cubic meters of gas and four months to import 5.6-6.3 billion cubic meters, assuming 100% capacity utilization, which is commercially difficult to achieve.
Thus, he believes that in order to import the necessary volumes by November 1, it is necessary to start importing significant volumes of gas as early as May.
BAS Motor LLC (Kyiv), whose production facilities are located in Lutsk, may supply 24 school buses with two seats for students with limited mobility to the Volyn Regional State Administration for a total of almost UAH 92.4 million.
According to Prozorro, the company was the only bidder in the procurement procedure, offering the buses for UAH 92 million 399.9 thousand (UAH 3.85 million per bus) against the expected price of UAH 92 million 400 thousand.
According to the manufacturer, the Euro 5 environmental class buses were manufactured in 2025, with a localization rate of 49.02%. The number of seats is 17 (including two seats for students with reduced mobility).
As reported, the Volyn Regional State Administration has already purchased seven regular school buses from BAS Motor for UAH 24.85 million in 2025.
“BAS Motor produces small class Bogdan buses (including school buses) using a unit base and a Euro 5 eco-standard engine manufactured by Ashok Leyland (India).
The subvention from the state budget for the purchase of school buses in 2025 amounts to UAH 1.6 billion, including UAH 112.1 million allocated to Volyn region.
Buses are purchased on the basis of co-financing from local budgets through the Prozorro Market electronic catalog.
The minimum required level of localization in 2025 is 25%.
The World Bank will provide Ukraine with $70 million in grant funding to support the stability of the national energy system, according to a statement posted on Ukrainian Prime Minister Denys Shmyhal’s Telegram channel on Friday.
“The agreement was signed on Thursday in Washington with World Bank Managing Director Anna Bjerde,” the statement said.
The funds will be used to purchase energy storage systems for the company Ukrhydroenergo. This will allow the creation of electricity reserves and strengthen the country’s energy security.
“We thank the World Bank and all partners for their support to Ukraine’s energy sector, which has suffered significant damage as a result of Russian attacks,” Shmyhal wrote.
The farms of the Agrain group of companies have completed corn sowing on 70% of the planned area, which will be allocated over 14,000 hectares in the 2025 season, the agricultural holding’s press service reported on Facebook.
“This year, we paid special attention to the selection of hybrids that demonstrate not only high yield potential but also good adaptability to local climatic conditions and increased drought resistance. These are key criteria in conditions of unstable moisture,” the agricultural holding said.
To ensure the effectiveness of the sowing campaign, Agrain farms use high-precision Horsch Maestro 24.70SW and Kinze 3600 seeders with the Precision Planting system. This equipment provides farmers with 100% seed separation, uniform planting depth, and soil moisture retention.
“We sow corn to a depth of 5 cm at a rate of 65-74 thousand seeds per hectare. At the same time, we apply nitrogen fertilizers: 50 kg/ha of urea or 70 kg/ha of UAN,” the agricultural holding summarized.
Agrain is engaged in the cultivation and storage of grain and oilseeds, as well as livestock farming. Before the full-scale Russian invasion, the agricultural holding consisted of 11 agricultural enterprises. It cultivated about 110,000 hectares in the Zhytomyr, Kharkiv, Chernihiv, Odesa, and Cherkasy regions.
The holding company is owned by SAS Investcompagnie (France).
Ukraine will receive €22.6 million from European partners to ensure nuclear safety, improve radiation protection, and manage radioactive waste, according to the Ministry of Environmental Protection and Natural Resources.
The relevant draft agreement on the 2024/2025 contribution was approved during a meeting of the Supervisory Board for the Implementation of the Instrument for Nuclear Safety Cooperation in Ukraine. The meeting was held on Friday by Minister Svitlana Grynychuk together with Jan Pane, Director for Nuclear Energy, Safety and ITER at the European Commission’s Directorate-General for Energy, and Inte Stockmann, Head of the Nuclear Safety Sector at the European Commission’s DG INTPE.
The agreed contribution agreement provides for the financing of a number of projects that are important for Ukraine. These include: ensuring backup power supply for the uninterrupted operation of radioactive waste management facilities, as well as the construction of the necessary infrastructure for the proper disposal of radioactive waste; the creation of an early warning system for forest fires in the exclusion zone; equipping a modern analytical laboratory for the analysis of radioactive materials in Chernobyl; restoring the functioning of the automated radiation monitoring system in the exclusion zone damaged by Russia during the occupation of the Chernobyl NPP.
In addition, there are plans to create a national integrated automated radiation monitoring system for the entire territory of Ukraine and integrate it with the European Radiological Data Exchange Platform (EURDEP), the European Community Urgent Radiological Information Exchange System (ECURIE), the International Radiation Monitoring Information System (IRMIS) managed by the IAEA; providing personnel of enterprises in the exclusion zone with adequate modern transportation and accommodation in the exclusion zone, as well as personal protective equipment and decontamination facilities in emergency situations.
Attention will also be paid to harmonizing Ukrainian legislation with Euratom standards as one of the conditions for Ukraine’s accession to the EU.
All measures are planned to be implemented over a period of five years.
In January-March 2025, DTEK Energy invested about UAH 1.2 billion in repairs and restoration of thermal power plants that suffered from massive enemy shelling.
“This is a third of the total investment in the restoration of TPPs over the past year,” the company said in a press release.
DTEK noted that the repair campaign is ongoing as the level of damage caused by the aggressor’s attacks remains extremely high.
As reported, as of the summer of 2024, 90% of the company’s thermal generation was damaged or destroyed. Although the power engineers managed to restore more than half of the capacity on the eve of winter, another massive shelling in November and December caused new serious damage.
“Our main task today is not to stop but to continue the reconstruction work. We are working hard to be ready for the summer peak loads and the upcoming heating season,” said DTEK Energy CEO Oleksandr Fomenko.
In 2024, the energy holding invested UAH 3.6 billion in the restoration of thermal power plants and another UAH 7.5 billion in the development of domestic coal mining.
Last year, the Russian Federation launched 13 massive attacks on the Ukrainian energy sector, dealing a serious blow, in particular, to DTEK Energy’s thermal power plants. In total, since the beginning of the full-scale invasion, the company’s TPPs have been attacked 205 times. As a result of the attacks, 56 power engineers were wounded and four were killed.
“DTEK Energy provides a closed cycle of electricity generation from coal. As of January 2022, the pre-war installed capacity in thermal power generation was 13.3 GW. The company has established a full production cycle in coal mining: coal mining and enrichment, mechanical engineering and maintenance of mine equipment.
