Ukraine has received its first cargo of liquefied pure gasoline (LNG) from the U.S., vitality firm officers confirmed this week— a constructive growth for Kyiv because it strikes to ramp up its purchases of U.S. provides and shield towards broader provide considerations within the area.
Ukraine’s non-public vitality firm, DTEK, confirmed it has acquired some 100 million cubic meters of U.S. LNG within the cargo, which the U.S. shipped to an LNG regasification terminal in Greece.
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An LNG tanker loaded with liquefied pure gasoline is moored at a floating terminal in Wilhelmshaven, Germany, in 2023. (Sina Schuldt/dpa through AP)
The information comes after Ukraine’s DTEK inked a supply deal with U.S.-based LNG supplier Venture Global in June.
The DTEK contract is the primary important LNG contract to be struck between Ukraine and the U.S. and can permit Ukraine to buy an “unspecificed” quantity of LNG from Venture Global by 2026. The corporations additionally signed a separate 20-year settlement, in step with conventional longer-term LNG provide contracts.
The information comes simply hours earlier than Russian gasoline large, Gazprom, is slated to halt all piped gas deliveries shipped by Ukrainian pipelines to different European international locations, following the expiration of its five-year contract.
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Then-President Donald Trump speaks on the Cameron LNG Export Terminal in Hackberry, Louisiana, in 2019. ( Scott Clause/USA Today)
Ukraine itself doesn’t buy Russian gasoline provides. However, the European Union (EU) remains heavily dependent on imported gasoline, together with from Russia.
Even after the abrupt throttling of the Nord Stream 1 gasoline pipeline, the EU relies on piped Russian gasoline for roughly 5% of its complete gasoline imports— sparking recent fears as to how the bloc may cope within the occasion of a provide emergency or colder-than-expected winter.
A Belarusian employee on responsibility at a gasoline compressor station of the Yamal-Europe pipeline, southwest of the capital Minsk, Belarus. (AP Photo/Sergei Grits, File)
In the interim, Ukrainian officers stated, they hope the extra U.S. provides may help fill within the hole and assist ease any near-term provide crises within the EU.
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“Cargoes like this usually are not solely offering the area with a versatile and safe supply of energy, however are additional eroding Russia’s influence over our vitality system,” DTEK CEO Maxim Timchenko stated in a press release.
