Iceland allocates funds to support Ukraine's energy sector
Illustrative photo: Iceland has allocated funds to support Ukraine's energy sector (Getty Images)
Iceland has transferred over EUR 2 million (USD 2.17 million) to the Energy Support Fund of Ukraine, according to the Ministry of Energy of Ukraine.
The total contribution of Iceland to the Energy Support Fund of Ukraine is more than EUR 5.6 million (USD 6.09 million).
During 2023-2024, Iceland made four tranches of contributions. The funds were used to purchase equipment for fuel and energy companies in Donetsk, Zaporizhzhia, and Kherson regions.
“Each contribution of partners to the Energy Support Fund of Ukraine is extremely important. The funds are used to purchase equipment that helps power engineers restore what was destroyed by Russia and return light and heat to the homes of Ukrainians,” said Minister of Energy of Ukraine German Galushchenko.
Energy sector of Ukraine
Russia has been conducting targeted attacks on Ukraine's energy infrastructure since the fall of 2022, using missiles, kamikaze drones, and more. This leads to damage to power plants, substations, and power lines, causing power, heat, and water outages in Ukrainian cities. Recently, Russians carried out the 17th combined attack on the gas infrastructure of Ukraine.
