Ukrgasbank provided UAH 4.7 billion loan to Naftogaz for gas purchases for the winter

NJSC Naftogaz of Ukraine and Ukrgasbank signed a loan agreement worth UAH 4.7 billion. The money will be used to prepare for the autumn-winter period. This was reported by the press services of Naftogaz and UGB.

"The money received is already being used to purchase natural gas to create sufficient reserves in underground gas storage facilities to ensure that the country is provided with energy resources this winter," said the Chairman of the Board of Naftogaz Sergiy Koretsky.

According to UGB, gas will be purchased with credit money from European hubs to ensure a stable heating season in 2025-2026.

"This is a response to Ukraine's strategic need for stable energy supplies amid the war and energy risks," the UGB emphasized.

UGB has been cooperating with Naftogaz Group, which includes Naftogaz of Ukraine, since 2009, providing a wide range of financial services.

on July 23, Naftogaz Group took out a loan for the same amount (UAH 4.7 billion) from PrivatBank. For the bank, this loan was the largest one it has provided to Ukraine's energy sector since the start of the full-scale war.

In March 2025, Ukrgasbank changed the brand positioning and corporate identity with a focus on environmental support and green banking.

The bank moved away from the word "gas" in the new positioning because it conflicted with the image of the "eco-bank" as a "leader in financing renewable energy projects."

• On June 9, it became known that gas reserves in the UGS facilities remain at record lows but the gap with 2024 is shrinking.
• On June 10, Makohon said that in order to fill the UGS facilities before winter, Ukraine needs to to pump three times more gas every day.