France to provide €60 million in aid to Ukrainian energy sector by year’s end

France plans to allocate 60 million euros to support the Ukrainian energy system by the end of this year.

Pierre Heilbronn, the President of France's special representative on aid and reconstruction in Ukraine, announced this on his page on the X social network.

"With winter approaching, the situation is critical —we must act now to bring swiftly concrete energy solutions. France will provide at least 60M€ by the end of the year," he wrote.

It is worth noting that support for Ukraine's energy sector was discussed at the G7 ministerial meeting held on the sidelines of the UN General Assembly.

During the meeting, the Netherlands also announced a new support package for Ukraine, amounting to 209.5 million euros, and aimed at restoring critical infrastructure.

In addition, the Netherlands will contribute 45 million euros to the Energy Support Fund of Ukraine and finance the supply of the necessary equipment.

For reference:

The foreign ministers of the G7 countries confirmed their unwavering support for Ukraine in the face of Russia's attacks on energy infrastructure. They called on the international community to increase aid to the country.

• The European Union will allocate a new package of humanitarian aid to Kyiv totaling 40 million euros ($44.43 million).
• Denmark has decided to transfer 130 million Danish kroner (approximately 16.9 million euros or 19.5 million dollars) to Ukraine to restore its energy infrastructure after massive Russian attacks.
• The Federal Republic of Germany will allocate an additional 100 million euros to Ukraine for the winter.
• Sweden will allocate more than 40 million euros to purchase energy equipment.

In general, the G7 countries, as well as other partners, have raised more than $4 billion since the beginning of the full-scale Russian invasion to restore the energy infrastructure of Ukraine, which Moscow is trying to destroy.

As reported, at the meeting of the European Council on February 1, 2024, all 27 leaders of the European Union reached a consensus decision regarding adopting the Ukrainian Fund in the multi-year EU budget for 2024-2027 in the amount of €50 billion. Before that, Hungary blocked the adoption of the decision.