Overview
- Meeting in Toronto on Oct. 31, G7 energy ministers issued their first dedicated statement on Ukraine’s energy security, condemning Russia’s attacks and reaffirming support for Ukraine’s sovereignty.
- The G7 detailed support through the G7+ coordination group and the Ukraine Energy Support Fund, protection of energy sites, IAEA technical assistance, supply‑chain diversification, and tighter enforcement of energy‑related sanctions including action against shadow tanker fleets.
- Canada said it is accelerating the remaining $10 million of its $70 million pledge to the Ukraine Energy Support Fund and signed an initial bilateral energy co‑operation agreement with Ukraine, with additional assistance including modernized high‑accuracy positioning systems.
- Ukraine’s energy minister reported unprecedented damage, citing more than 65,000 attacks since 2022 and over 3,000 strikes since March that disabled roughly 60% of domestic gas production, and called for gas imports, air‑defence systems and repair equipment.
- G7 ministers framed reconstruction as a chance to build a modern, decentralized and resilient energy system, as Russian missile and drone strikes on critical facilities continued this week.