Business news from Ukraine

Business news from Ukraine

Naftogaz Group increased electricity imports from Europe this week

26 January , 2026  

Naftogaz Group increased electricity imports from Europe this week based on a government decision and with the aim of stabilizing the situation in the energy system, said Sergey Koretsky, chairman of the board of Naftogaz of Ukraine.

“The volume of imported electricity already covers more than 50% of the needs of all the Group’s enterprises, as provided for by the government’s resolution,” he said in a Facebook post on Saturday.

Koretsky explained that the corresponding amount of electricity has been allocated for the needs of domestic consumers.

“We are coordinating our actions with the government in order to stabilize the situation in the energy system as quickly as possible after the Russian shelling,” the chairman of the board of Naftogaz emphasized.

As reported, amid the deteriorating situation in Ukraine’s energy system due to massive Russian shelling of energy infrastructure, the government has instructed state-owned companies to increase electricity imports.

During the “Question Time to the Government” in the Verkhovna Rada on January 16, First Deputy Prime Minister of Energy Denys Shmyhal pointed out that, on behalf of the government, Naftogaz of Ukraine, Ukrzaliznytsia, and part of the industrial complex will import at least 50% of their electricity needs.

“This will make it possible to free up 1.5 MW for people’s needs. I hope this will happen in the coming days,” Shmyhal said at the time.

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