Chernyshev: "Naftogaz signs a number of agreements in Berlin to reduce CO2 emissions

Chernyshev: "Naftogaz signs a number of agreements in Berlin to reduce CO2 emissions

Ukraine has set a course to support electricity generation using the Gas-to-Power system, i.e. power generation on gas

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Chernyshev: "Naftogaz signs a number of agreements in Berlin to reduce CO2 emissions

"Naftogaz is signing a number of agreements in Berlin, in particular to decarbonise the Ukrainian energy sector.

Source. This was stated by Oleksiy Chernyshov, Chairman of the Board of Naftogaz, in a commentary to Ukrinform.

In particular, the agreements of the Naftogaz Group relate to several areas: these are issues of cooperation in terms of equipment, in terms of hydrogen transportation and storage, in terms of developing a decarbonisation strategy, etc.

"We need to take care not only of the present, but also believe in the Victory and start building a new energy system that will be based on a decarbonised basis. We are already starting to do this. Prior to the conference, on 10 June, we signed an agreement with the European Investment Bank. Tomorrow (11 June), we plan to sign an agreement with Siemens and other companies,’ Chernyshov said.

He noted that Ukraine has set a course to support electricity generation using the Gas-to-Power system, i.e. power generation using gas. In this regard, the country will need larger volumes of gas to ensure this.

According to Chernyshov, Naftogaz is ready for such a scenario. The company guarantees that it will provide Ukraine and Ukrainians with additional gas to support power generation.

‘This is exactly what we are working on now,’ he stressed.

The Naftogaz CEO also emphasised the role of Germany, a country ‘without which Ukraine's future is impossible’.

According to him, Germany includes large energy companies, technology companies, and machine building – things that are so necessary for the reconstruction of our country.

As reported, the Reconstruction Conference, the third since the war, will be held in Berlin on 11-12 June. The energy sector is one of the most important at the event, with more than 2,000 politicians, businessmen, experts and civil society representatives taking part.

Background. Bloomberg previously reported that Nayyem cannot attend a major international conference due to a personal order from Ukrainian Prime Minister Denys Shmyhal. The head of government blocked the presence of Mustafa Nayem, the head of the Reconstruction Agency, at the annual conference on the restoration of Ukraine, which will be held in Berlin on 11-12 June.

As reported, today, 10 June, Mustafa Nayyem wrote a letter of resignation.

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