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Ukraine Seeks Funds as Strikes Disable 60% of Gas Production

Kyiv pursues emergency financing after attacks forced a pivot to higher gas imports before winter.

Overview

  • Ukraine informed allies that the 3 October strikes knocked out about 60% of domestic gas output, with Bloomberg reporting potential needs of 4.4 billion cubic meters in imports costing roughly €1.9 billion by end-March if attacks continue.
  • Energy officials plan to raise gas imports by around 30% and are in talks with the EBRD on additional financing options, including EU‑backed guarantees.
  • The government allocated Hr 1.5 billion (about $36 million) to bolster frontline energy infrastructure, maintained a fixed household gas price, and placed a moratorium on power cutoffs in frontline communities.
  • Kyiv urgently appealed to G7 partners for grid repair equipment and reiterated requests for more air-defense systems to shield energy facilities.
  • President Volodymyr Zelensky said Russia is trying to create chaos by hitting energy and rail infrastructure, with recent attacks killing three in Sumy and injuring five in Odesa while damaging port and power assets.