Ukraine seeks 30-year energy pact with Canada, minister says

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeCommoditiesEnergyNewsUkraine seeks 30-year energy pact with Canada, minister saysUkraine has faced repeated Russian strikes on its energy infrastructureAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.Denys Shmyhal, Ukraine's prime minister, speaks during a news conference at the Ukraine Recovery Conference in London, U.K., on June 22, 2023. Photo by Chris J. Ratcliffe/BloombergUkraine is looking to sign a 30-year strategic energy agreement with Canada and proposing an “energy security bridge” focused on the supply of Canadian LNG, Energy Minister Denys Shmyhal said.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe proposal, which Shmyhal discussed with Energy and Natural Resources Minister Tim Hodgson, follows agreements reached by Ukrainian President Volodymyr Zelenskyy and Prime Minister Mark Carney, Shmyhal said in a post on X.🇺🇦🇨🇦 We held a substantive discussion with Canada’s Minister of Energy and Natural Resources Tim Hodgson @timhodgsonmt.The key topics were cooperation in the gas sector and nuclear energy. We aim to further diversify gas supply routes. Ukraine has proposed creating a strategic… pic.twitter.com/Mm7W4zr9gs— Denys Shmyhal (@Denys_Shmyhal) July 25, 2026As part of the talks, the two sides discussed the possibility of direct grant support from Canada worth $650 million to help Ukraine buy gas for the coming winter as part of Ottawa’s broader aid package. Ukraine has faced repeated Russian strikes on its energy infrastructure through successive winters of the war, now well into its fifth year.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againZelenskyy this month overhauled his government and said preparations for winter were a key reason driving the change. Sergii Koretskyi, chief executive officer of state-run energy company NJSC Naftogaz Ukrainy, was named as prime minister, replacing Yuliia Svyrydenko.Ukraine’s power and heating infrastructure remain vulnerable to Russian ballistic-missile strikes and low supplies of interceptors.Ukraine also invited Canadian suppliers to store gas in its underground facilities and sought supplies of energy equipment from Canadian manufacturers, Shmyhal said. The ministers also discussed cooperation on small modular reactors, or SMRs, an area Kyiv wants to fold into the proposed long-term agreement as it looks to Canada’s experience in the technology.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.