Ukraine has received its first cargo of liquefied pure fuel (LNG) from the U.S., power firm officers confirmed this week— a constructive improvement 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 power firm, DTEK, confirmed it has obtained 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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The information comes after Ukraine’s DTEK inked a supply deal with U.S.-based LNG supplier Enterprise World in June.
The DTEK contract is the primary vital LNG contract to be struck between Ukraine and the U.S. and can permit Ukraine to buy an “unspecificed” quantity of LNG from Enterprise World by way of 2026. The businesses additionally signed a separate 20-year settlement, consistent with conventional longer-term LNG provide contracts.
The information comes simply hours earlier than Russian fuel large, Gazprom, is slated to halt all piped gas deliveries shipped by way of Ukrainian pipelines to different European international locations, following the expiration of its five-year contract.
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Ukraine itself doesn’t buy Russian fuel provides. Nevertheless, the European Union (EU) remains heavily dependent on imported fuel, together with from Russia.
Even after the abrupt throttling of the Nord Stream 1 fuel pipeline, the EU relies on piped Russian fuel for roughly 5% of its complete fuel imports— sparking recent fears as to how the bloc would possibly cope within the occasion of a provide emergency or colder-than-expected winter.
Within the interim, Ukrainian officers mentioned, they hope the extra U.S. provides may also help fill within the hole and assist ease any near-term provide crises within the EU.
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“Cargoes like this are usually not solely offering the area with a versatile and safe supply of energy, however are additional eroding Russia’s influence over our power system,” DTEK CEO Maxim Timchenko mentioned in a press release.
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