Ukraine has received its first shipment of liquefied natural gas (LNG) from the United States, energy company officials confirmed this week. It’s a positive development for Kiev, which has moved to step up purchases of U.S. supplies and protect against broader regional supply concerns.
Ukrainian private energy company DTEK confirmed that it has received approximately 100 million cubic meters of American LNG that the United States transported to an LNG regasification terminal in Greece.
Biden Pentagon announces new multibillion-dollar aid package for Ukraine
An LNG tanker loaded with liquefied natural gas is berthed at a floating terminal in Wilhelmshaven, Germany, in 2023. (Sina Schuldt/dpa via AP)
The news comes after Ukraine’s DTEK signed a supply agreement with US-based LNG supplier Venture Global in June.
The DTEK deal is the first major LNG deal between Ukraine and the United States, 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. Traditional long-term LNG supply contracts.
The news came hours before Russian gas giant Gazprom is scheduled to halt all piped gas shipments to other European countries through Ukraine’s pipelines following the expiration of a five-year contract.
Germany accuses Elon Musk of trying to interfere in national election
Then-President Donald Trump speaks at the Cameron LNG export terminal in Hackberry, Louisiana, in 2019. (Scott Clause/USA Today)
Ukraine itself does not purchase gas supplies from Russia. However, the European Union remains heavily dependent on imported gas, including from Russia.
Even after the sudden suspension of the Nord Stream 1 gas pipeline, the EU still relies on Russian gas in the pipeline for about 5% of its total gas imports, and how the EU will respond in the event of a supply emergency or cold weather. This is raising new concerns about what will happen. Winter was more than expected.
A Belarusian worker works at a gas compressor station on the Yamal-Europe pipeline, southwest of the Belarusian capital Minsk. (AP Photo/Sergey Grits, File)
In the meantime, Ukrainian officials said they hope additional U.S. supplies will help fill the gap and ease the short-term supply crisis within the EU.
CLICK HERE TO GET THE FOX NEWS APP
“Such cargo not only provides a flexible and secure source of power for the region, but also further strengthens Russia’s influence over our energy system,” DTEK CEO Maxim Timchenko said in a statement. It’s eroding,” he said.
Brianne Depiche is a political reporter for FOX News Digital, covering the 2024 election and other national news.
Source link