Saturday, December 21, 2024

UK allocates £35 million to restore Ukraine’s energy infrastructure, imposes sanctions on Russia

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The United Kingdom is providing Ukraine with emergency support worth £35 million. The funds will be used to restore the country’s energy grid, according to the UK government’s press service, APA reports.

The department noted that £20 million will be allocated to meet emergency energy needs. This includes support for critical repairs of the power transmission network and securing additional energy capacity. Funds will also be used to protect Ukraine’s energy infrastructure.

In particular, this includes a project to generate an additional 20 MW of electricity, which can supply 20,000 homes with power.

An additional £15 million will be directed toward humanitarian aid for the most vulnerable segments of the population.

Furthermore, the UK is introducing new sanctions against Russia’s energy sector.

“Today’s sanctions target 20 shadow fleet ships carrying illicit Russian oil, including Ocean Faye, Andaman Skies and Mianzimu, which have each carried more than four million barrels of Russian oil in 2024.

The UK has now sanctioned over 100 ships for transporting Russian energy, including 93 oil tankers, more than any other nation,” a government press release read.

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