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Ukraine to import gas from Greece as Zelenskiy seeks €2 billion to cover winter energy needs

FP News Desk November 16, 2025, 14:35:12 IST

Ukraine has arranged winter gas imports from Greece and aims to secure nearly 2 billion euros to offset losses caused by Russian strikes.

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Zelenskiy's statement came ahead of his expected visit to Greece on Sunday. (AFP)
Zelenskiy's statement came ahead of his expected visit to Greece on Sunday. (AFP)

Ukraine will receive gas imports from Greece to support its winter energy needs, President Volodymyr Zelenskiy said on Sunday. Announcing the move on the Telegram messaging app, he confirmed that both countries had prepared an agreement that would serve as an additional supply route to secure imports during the colder months.

Zelenskiy said Ukraine had already arranged financing for its gas purchases and intended to secure nearly 2 billion euros to replace domestic production lost as a result of Russian attacks. His statement came ahead of his planned visit to Greece on Sunday, before onwards travel to France and Spain.

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Kyiv seeks broader winter energy support

Russia has increased strikes on power generation sites, electricity transmission systems and gas production facilities during the fourth year of its war on Ukraine. Zelenskiy said Kyiv had allocated funds for gas imports through European partners and banks operating under European Commission guarantees, as well as from Ukrainian banks. He also noted ongoing cooperation with United States partners to ensure full financing.

Ukraine is widening its options for winter supplies through Polish partners, he added, where it is working with Azerbaijan and aims to secure long-term contracts.

Ukraine Launches Sweeping Energy Overhaul amid Embezzlement Outcry

Zelensky on Saturday announced sweeping reforms across state-owned energy companies after a corruption scandal triggered a strong public backlash. Anti-graft investigators said around $100 million had been embezzled from the sector, prompting outrage in a country already suffering severe power outages caused by Russian attacks.

Zelensky ordered two ministers to step down in connection with the scheme and imposed sanctions on a former business partner who was identified as its mastermind. Posting on X, he confirmed that an overhaul of key state-owned enterprises would begin immediately, alongside a full audit of their financial activities and the renewal of company management.

The president called for a new supervisory board at Energoatom, the state nuclear operator at the centre of the scandal, instructing that it be established “within a week” to support a complete restructuring of the company’s leadership. He also urged the swift appointment of a new head for hydropower generator Ukrhydroenergo and pressed for further reforms at Naftogaz and the main gas operator.

Follow the Bihar Election Results Live, for real-time counting, seat tally, and key updates, and explore more stories on our Bihar Election 2025 for in-depth coverage. Stay informed with Firstpost for explainers, sharp opinions, and the latest news from India and around the world.
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