Tuesday, 07 Jan 2025

Ukraine receives US natural gas shipment for the 1st time amid fresh supply fears

The expiration of Russian piped gas through Ukraine has put EU leaders on edge, sparking fresh supply concerns ahead of a cold winter season.


Ukraine receives US natural gas shipment for the 1st time amid fresh supply fears
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Ukraine's private energy company, DTEK, confirmed it has received some 100 million cubic meters of U.S. LNG in the shipment, which the U.S. shipped to an LNG regasification terminal in Greece. 

The DTEK contract is the first significant LNG contract to be struck between Ukraine and the U.S. and will allow Ukraine to purchase an "unspecificed" amount of LNG from Venture Global through 2026. The companies also signed a separate 20-year agreement, in keeping with traditional longer-term LNG supply contracts.

In the interim, Ukrainian officials said, they hope the additional U.S. supplies can help fill in the gap and help ease any near-term supply crises in the EU.

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