European Investment Bank and EU Provide €127 Million Grant to Naftogaz With Norway’s Backing to Secure Ukraine’s Gas Supply

European Investment Bank and EU Provide €127 Million Grant to Naftogaz With Norway’s Backing to Secure Ukraine’s Gas Supply

13 November, 20252 sources compared
Ukraine War

Key Points from 2 News Sources

  1. 1

    European Investment Bank signed a €127 million grant agreement with Naftogaz.

  2. 2

    Norway's government provided financial backing for the €127 million grant.

  3. 3

    Funds will secure Ukraine's natural gas supply amid Russian attacks and rising gas imports.

Full Analysis Summary

Support for Ukraine's gas

Europe’s top development banks, led by the European Investment Bank (EIB), agreed to a financing package to support Ukraine.

The package includes an EU grant of €127 million to Naftogaz aimed at securing Ukraine’s natural gas supply.

Norway also announced support for financing gas purchases.

Arab News framed the measures as a concentrated effort to shore up supplies as Russia’s attacks damage Ukraine’s energy infrastructure and increase import needs.

EIB and Norway aid package

Arab News reports the EIB’s €127 million grant will supplement previously announced financing and other support.

The grant will go to Naftogaz on top of a previously outlined €300 billion loan.

Separate grants will fund water and housing reconstruction projects.

Norway’s announced financing is described as an additional backstop for gas purchases.

The package is presented as both immediate assistance for supplies and part of a broader reconstruction and social-support effort.

Financing and governance scrutiny

Arab News places the financing in a context of scrutiny, reporting the energy sector is under investigation over an alleged $100 million corruption scheme tied to procurement at state agencies such as Energoatom.

The probe has prompted moves to dismiss two cabinet ministers.

That reporting links the financing to governance concerns and suggests that strengthening anti-corruption mechanisms remains politically urgent even as external financing arrives.

Media coverage differences

Coverage differences reflect source orientation and intent.

Arab News (West Asian) frames the EIB grant and Norway’s backing as a geopolitical and fiscal response to wartime infrastructure damage and governance risk.

Букви (Other) instead compiles multiple Ukraine-related brief items—anti-corruption calls, ambassador visits, medical and technical stories, and local outages—and does not foreground the EIB/Naftogaz financing.

The disparity highlights Arab News's focus on international finance and governance, while Букви offers a domestic roundup that may omit depth on this specific financing story.

All 2 Sources Compared

Arab News

EU funnels fresh money to Ukraine for Naftogaz

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Букви

Naftogaz and EIB Secure €127 Million Grant with Norway's Support

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