The announcement comes as many households in Canada are struggling to pay their vitality payments
Ukraine has obtained almost $ 350 million from Canada to refill its underground storage services with gasoline for the winter, Ukrainian media reported on Wednesday, citing Prime Minister Denis Shmygal.
The federal government in Ottawa has transferred 12.7 billion hryvni (US$ 344 million) to Ukraine’s state-owned gasoline firm Naftogaz he stated, including that “Ukraine earlier obtained this cash from the federal government of Canada.” Shmygal additionally famous that the “process for utilizing state funds funds for procuring gasoline in 2022-2023 was endorsed at at present’s [government] assembly.”
This week, Kiev additionally obtained €200 million (US$ 208 million) from Norway for a similar function and is awaiting one other €300 million to be bankrolled by the European Financial institution for Reconstruction and Growth beneath the settlement reached earlier, the Ukrainian premier stated.
The funding comes as residents in Canada and the EU are dealing with unprecedented vitality inflation and a cost-of-living disaster, with 1000’s of households struggling to pay their vitality payments.
READ MORE: Ukraine halts Russian oil transit to EU – Transneft
Canadians have seen a dramatic surge in electrical energy and gasoline costs in latest months. Vitality analysts warn that households within the nation can anticipate their payments to rise by between 50% and 100% on common this winter.
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