Iceland to contribute more than €600 thousand to Energy Support Fund of Ukraine

According to the Ministry of Energy, this is Iceland's second contribution. The previous time, the country transferred more than 2 million euros to the Fund.

Thus, the total amount of the contribution of Iceland to the Fund will increase to 2.72 million euros.

“We thank our partners from Iceland for helping the Ukrainian energy sector in these difficult times. The Energy Support Fund is an effective tool that allows us to purchase the necessary equipment to repair and restore facilities damaged by Russian attacks,” said Minister of Energy of Ukraine Herman Halushchenko.

Energy Support Fund for Ukraine

The Energy Support Fund for Ukraine was established on the joint initiative of Energy Minister Herman Halushchenko and European Commissioner for Energy Kadri Simson in the spring of 2022.

According to the Ministry of Energy, over the past few weeks, Australia, the United Kingdom, Austria, Sweden, and Denmark have also contributed money or declared their intentions to contribute to the Fund.

The total amount of contributions is over 494 million euros.

We also recently reported that Germany will provide Ukraine with a 45 million euro grant to help restore the energy sector after the Russian attacks.