Japan plans to provide Ukraine with biofuel production technology to support post-war recovery and create a new export industry utilizing Ukrainian resources.
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Japan plans to provide Ukraine with biofuel production technology
The plan will be presented at the Japan-Ukraine Economic Reconstruction Promotion Conference on February 19, 2024
Successful biofuel industry will provide promising export products and increase Ukraine's foreign exchange earnings
The Japanese Sumitomo Corporation (SC) with the support of the Japanese government will help conduct a feasibility study for modernisation of Ukrainian heat supply systems. SC will also help attract funding from Japanese government financial institutions.
The installation of wind turbines with a capacity of 1 MW is provided for in the second memorandum Naftogaz signed with the Japanese company Komai Haltec.
The Japan Bank for International Cooperation (JBIC), the Export Credit Agency NEXI, the Japan External Trade Organization (JETRO), and the Japan International Cooperation Agency (JICA) signed more than 10 agreements to support Ukraine's reconstruction efforts.
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Extraction metadata
Extracted: 2026-02-16T21:57:25.002Z
Source story: 3808941-japan-to-provide-ukraine-with-biofuel-production-technology-kyodo