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Ukraine has received Its first shipment of liquefied natural gas (LNG) from the US, energy company officials confirmed this week, is a positive development for Kiev as it increases its purchases of US supplies and protects itself from supply problems. wider supply in the region.
Ukraine’s private energy company DTEK confirmed it has received about 100 million cubic meters of US LNG in the shipment, which the US sent to an LNG regasification terminal in Greece.
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The news comes after Ukraine’s DTEK ink a supply agreement with a US-based LNG supplier Venture Global in June.
The DTEK contract is the first significant LNG contract between Ukraine and the US and will allow Ukraine to buy an “unspecified” amount of LNG from Venture Global through 2026. The companies also signed a separate 20-year agreement , in accordance with traditional long-term LNG supply contracts.
The news comes just hours before Russian gas giant Gazprom is scheduled to stop all pipeline gas deliveriesit is sent through Ukrainian pipelines to other European countries, after the expiration of its five-year contract.
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Ukraine itself does not buy Russian gas supplies. However, the European Union (EU) remains highly dependent on imported gas, including from Russia.
Even after the sudden acceleration of the Nord Stream 1 pipeline, the EU depends on piped Russian gas for about 5% of its total gas imports, raising fresh fears about how the bloc could cope in an emergency of supply or colder than expected winter.
In the meantime, Ukrainian officials said, they hope that additional US supplies could help fill the gap and help ease any short-term supply crunch in the EU.
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“Charges like this not only provide the region with a flexible and secure source of energy, they go beyond eroding Russia’s influence on our energy system,” DTEK CEO Maxim Timchenko said in a statement.