Ukraine has received Energy company officials confirmed the first delivery of liquefied natural gas (LNG) from the US this week – a positive development for Kiev as the country looks to boost its purchases of US supplies and protect against broader supply problems in the region.
Ukraine’s private energy company DTEK confirmed it has received about 100 million cubic meters of American LNG in the cargo, which the US shipped to an LNG regasification terminal in Greece.
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An LNG tanker loaded with liquefied natural gas will be moored at a floating terminal in Wilhelmshaven, Germany in 2023. (Sina Schuldt/dpa via AP)
The news comes after Ukraine’s DTEK announced a supply agreement with a US-based LNG supplier Venture Global in June.
The DTEK contract is the first major LNG contract between Ukraine and the US and will allow Ukraine to purchase an “unspecified” amount of LNG from Venture Global until 2026. The companies also signed a separate 20-year agreement, in line with traditional longer-term LNG supply contracts.
The news comes just hours before Russian gas giant Gazprom will do so stop all piped gas suppliess shipped via Ukrainian pipelines to other European countries, after the expiration of the five-year contract.
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Then-President Donald Trump speaks at the Cameron LNG Export Terminal in Hackberry, Louisiana, in 2019. (Scott Clause/USA Today)
Ukraine itself does not buy Russian gas supplies. However, the European Union (EU) remains highly dependent on imported gas, also from Russia.
Even after the abrupt curtailment of the Nord Stream 1 gas pipeline, the EU is dependent on Russian pipeline gas for roughly 5% of its total gas imports. colder than expected winter.
A Belarusian worker is on duty at a gas compressor station of the Yamal-Europa pipeline, southwest of the capital Minsk, Belarus. (AP Photo/Sergei Grits, file)
In the meantime, Ukrainian officials said they hope the additional U.S. supplies can help fill the gap and alleviate any near-term supply crises in the EU.
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‘These types of loads not only provide the region with a flexible and safe energy source, but also go further eroding Russia’s influence about our energy system,” Maxim Timchenko, CEO of DTEK, said in a statement.
