USAID is terminating a $75 million grant agreement with the Ukraine Energy Support Fund, according to the Energy Society, APA reports citing UNN.
On February 27, the Energy Community Secretariat received formal notification from USAID that its grant agreement with the Ukraine Energy Support Fund for $75 million had been terminated.
The Energy Community Secretariat has acknowledged receipt of this notification and is currently awaiting further clarification from USAID. The termination of this grant will reduce the funds available to procure essential equipment for Ukraine's energy sector.
Source: en.apa.az