Eximbank USA is to provide $300 million in financing for equipment for Naftogaz
This was announced by Yulia Svyrydenko following a meeting in Washington with John Jovanovich, President of the US Export-Import Bank.
According to Svyrydenko, during the talks the parties agreed to launch $300 million in financing for the purchase of American energy equipment for Naftogaz. At the same time, they discussed the parameters of a broader energy sector modernisation programme worth over $1 billion.
Separately, the parties considered the possibility of establishing a mechanism to support the supply of American LNG to Ukraine on financing terms comparable to market conditions in the Eurozone. Svyrydenko emphasised that during the most challenging heating season of 2025–2026, Naftogaz imported a record 900 million cubic metres of American LNG for Ukraine, and Kyiv is keen to increase such purchases.
During the meeting, options for financing the purchase of locomotives for Ukrzaliznytsia were also discussed, primarily to restore the rolling stock. Furthermore, the parties agreed to draft a memorandum on financing Ukrainian projects in the critical minerals sector and to separately develop framework programmes for dual-use companies.
Thus, the talks in Washington covered several areas at once – from the restoration of gas production and LNG purchases to transport, critical minerals and the financing of dual-use industries. For the government, this is one of the signs that cooperation with the US is moving beyond short-term support and shifting towards broader investment mechanisms.
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