Business news from Ukraine

Business news from Ukraine

Denmark to allocate $19.4 mln to restore Ukraine’s energy infrastructure

24 September , 2024  

Denmark will allocate 130 million Danish kroner (about $19.4 million – IF-U) to Ukraine to restore energy infrastructure damaged by Russian attacks, the Danish government’s press service reports.

The aid was announced by Minister of Climate, Energy and Supply Lars Oagard during a meeting with US Secretary of State Anthony Blinken and Ukrainian Foreign Minister Andriy Sybiga at the G7 Working Group on Ukraine’s Energy Security.

“Not only is Putin’s army invading Ukraine’s borders, Russia is violating the rules of war by launching massive attacks on Ukraine’s electricity and heat supply. Winter is just around the corner, and many Ukrainian homes will be left without heat and electricity. And that’s not all, ordinary employees of the energy sector who work tirelessly at their jobs are being targeted. We must do everything we can to make the Ukrainian energy system as resilient as possible,” said Oagard.

The Danish donation is funded by the Ministry of Foreign Affairs and will, among other things, support emergency measures and the procurement of equipment and spare parts to help restore security of supply. The support is provided in cooperation with UNDP, the Energy Community, the Danish Refugee Council and the Danish Red Cross.

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