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Energy company officials confirmed this week that Ukraine has received its first shipment of liquefied natural gas (LNG) from the United States. This is a positive development for Kyiv. Meanwhile, Ukraine moves to increase purchasing of US supply. and prevent broader supply concerns in the region.
DTEK, a private Ukrainian energy company Confirmed receipt of approximately 100 million cubic meters of US LNG in shipment, which the US has delivered to an LNG regasification terminal in Greece.
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The news comes after Ukraine’s DTEK signed a supply deal with US-based LNG supplier Venture Global in June.
The DTEK contract is the first major LNG contract between Ukraine and the United States. and will allow Ukraine to purchase an “unspecified” amount of LNG from Venture Global until 2026. The company has also signed a separate 20-year agreement to comply. Traditional long-term LNG supply contracts
The news broke just hours before Gazprom. The Russian gas giant is set to suspend all gas deliveries delivered through a Ukrainian pipeline to other European countries after the five-year contract expires.
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Ukraine itself does not purchase Russian gas supplies, however the European Union (EU) remains heavily dependent on imported gas. Including from Russia.
This is despite the sudden volume restrictions on the Nord Stream 1 gas pipeline. But the EU still relies on piped Russian gas for about 5% of its total gas imports. This has raised new concerns about how countries will respond to supply emergencies. Colder than expected winter–
In the meantime, Ukrainian officials said. They hope additional U.S. supply It will help fill the gap and help alleviate the short-term supply crisis in the EU.
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“This type of product not only provides the region with a flexible and safe energy source, It also erodes Russian influence on our energy system,” DTEK CEO Maxim Timchenko said in a statement.
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