The recent IMF agreement has prompted progress in energy price reforms and the energy policy dialogue with the EU aiming at gradual convergence of Ukraine’s energy sector with the EU internal market has been instrumental in efforts to liberalise Ukraine’s internal gas market and modernise its regulatory framework. These reforms are indispensable for putting in place and implementing energy-related projects co-financed by international agencies. Access to international know-how on financing options and technologies is important, especially in the sphere of energy efficiency and renewable energy investments.