United States intends to promote energy sector reform in Ukraine – embassy

16:23, 06.01.2021 1 min read

 U.S. Chargé d'Affaires Kristina Kvien during an online meeting with Acting Energy Minister Yuriy Vitrenko confirmed the U.S. intentions to help reform the energy sector in Ukraine, the U.S. Embassy in Ukraine said.

"Constructive meeting with acting Minister of Energy Vitrenko yesterday, where CDA Kvien reaffirmed the U.S. commitment to helping Ukraine succeed in transforming and modernizing its energy sector," the embassy said on Facebook on Wednesday.

As reported, at the end of December 2020, acting Energy Minister Yuriy Vitrenko met with Head of the International Monetary Fund (IMF) mission Ivanna Vladkova-Hollar. The key issues of the meeting were reforms in the energy sector, financial stability of energy markets and further development of energy industries.

According to government sources, the mission's interest in the energy sector is caused by the sharp increase in the energy market deficit in recent years, which is proposed to be covered, in particular, by the budget or government guarantees.