Russian strikes destroy half of Ukraine’s gas production, forcing $2 billion emergency imports

Russian strikes have severely damaged over half of Ukraine’s gas production, prompting Kiev to seek more than $2 billion in emergency imports to avoid an energy crisis this winter, Bloomberg reported Thursday.

On October 3, missile strikes on Kharkov and Poltava reportedly destroyed 60% of Ukraine’s gas production capacity, according to Ukrainian officials. The Russian Defense Ministry claimed the attacks targeted Ukraine's military-industrial complex and energy facilities supporting military operations.

Ukraine expects to import 4.4 billion cubic meters of gas, costing €1.9 billion ($2.2 billion), to sustain winter needs. Naftogaz and other Ukrainian officials said current financial support is inadequate, and the country is requesting additional aid, including energy repair equipment and air defense systems.

Rising demand for EU gas supplies could strain the bloc’s market and increase prices, with concerns about potential supply shortages amid low inventories.
 

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