Securing international financing, strengthening strategic partnerships and advancing projects that reinforce Ukraine’s energy resilience were among the key outcomes of JSC Ukrnafta’s participation in the Ukraine Recovery Conference 2026.
During the conference, the company further strengthened its cooperation with the European Bank for Reconstruction and Development (EBRD) and its international partners from the Kingdom of Norway and the Kingdom of the Netherlands.
One of the conference’s key milestones was the signing of a grant agreement with the EBRD, under which Ukrnafta will receive EUR 44.6 million to support the development of its distributed generation programme. The funding will be used to procure and install gas engine power plants with a combined generation capacity of approximately 62 MW at the company’s production sites.
The project will enhance the energy independence of Ukrnafta’s production facilities, help ensure uninterrupted production under wartime conditions and make an additional contribution to strengthening Ukraine’s power system.
“The trust of international partners is not built at the moment an agreement is signed. It is earned through consistent improvements in corporate governance, transparency and the successful delivery of projects. Our partnership with the EBRD and the support of the Governments of Norway and the Netherlands demonstrate that Ukrnafta is a trusted partner for implementing strategic projects that strengthen Ukraine’s energy resilience,” said Timothy Dodson, Chairman of the Supervisory Board of Ukrnafta.
In addition to signing the agreements, members of Ukrnafta’s Supervisory Board and management team held a series of meetings with representatives of international financial institutions, European and U.S. companies, investors and prospective partners.
The discussions focused on the future development of Ukraine’s oil and gas sector, opportunities to attract international financing, the exchange of international best practices and the implementation of new energy investment projects.
“Our meetings with international financial institutions and partners confirmed a strong interest in expanding cooperation with Ukrnafta. Today, international partners assess not only the quality of individual projects but also the strength of corporate governance, financial discipline and a company’s ability to deliver large-scale investment programmes. These factors create new opportunities to attract the financing needed to restore and modernise Ukraine’s energy sector,” said Kateryna Kuznetsova, Independent Member of the Supervisory Board of Ukrnafta.
For Ukrnafta, the Ukraine Recovery Conference 2026 served as an important platform for strengthening international partnerships, securing financing and promoting Ukrainian energy projects internationally. The company remains committed to implementing initiatives that reinforce Ukraine’s energy resilience and support the country’s long-term recovery.
