First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal met with Norway’s Minister of Energy Terje Aasland during his visit to Kyiv.

Following the meeting, Denys Shmyhal announced that Norway’s Minister of Energy Terje Aasland had confirmed the allocation of NOK 500 million (USD 54 million) to support Ukraine’s energy sector.

The heads of the energy ministries of Ukraine and Norway signed a Memorandum on Strengthening the Energy Partnership following the meeting.

“The document updates the Memorandum signed in June 2024 and reflects new energy priorities established under the strategic partnership between Ukraine and Norway. I am grateful to Mr Aasland for this visit and for his contribution to strengthening Ukraine’s energy resilience,” Denys Shmyhal emphasised.

During the meeting, the parties discussed the key areas of cooperation outlined in the document, including the restoration and development of generation capacity, particularly hydropower and other renewable energy sources; the development of decentralised generation and energy storage systems; improvements in the reliability of electricity supply and the resilience and flexibility of the energy system; and cooperation in the gas sector. Particular attention was paid to attracting investment for the reconstruction, development and modernisation of Ukraine’s energy infrastructure.

The Memorandum also provides for the exchange of experience and support in preparing energy projects.

“For Ukraine, this means greater opportunities to restore and modernise energy facilities, introduce modern technologies, attract investment and strengthen the resilience of the energy system,” Denys Shmyhal emphasised.

During the meeting, the First Deputy Prime Minister of Ukraine – Minister of Energy and his Norwegian counterpart coordinated the assistance Ukraine needs, including equipment, reserves and contributions to the Ukraine Energy Support Fund. Denys Shmyhal also briefed Mr Aasland on changes in Russia’s tactics in attacking Ukraine’s energy infrastructure.

The Minister of Energy thanked Norway for its consistent support for Ukraine and practical assistance with equipment that helps restore and strengthen the country’s energy sector.