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Ukraine May Import Significant Amounts of U.S. LNG

by Krystal

Ukraine is considering importing significant amounts of U.S. LNG through terminals in European Union countries to help secure its energy supply, following damage to domestic infrastructure from Russian attacks. Dmytro Lyppa, head of Ukraine’s Gas Transmission System Operator (GTSOU), shared this information in a Reuters interview on Wednesday.

Lyppa stated that Ukraine could bring in at least 4 billion cubic meters of gas from April to October this year.

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In June, DTEK, Ukraine’s largest private energy company, signed a Heads of Agreement (HOA) with U.S. company Venture Global to secure LNG supplies for Ukraine and Eastern Europe.

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The LNG could be imported via terminals in Germany, Greece, Lithuania, and Poland, Lyppa confirmed. He added, “From a political standpoint, it’s better for us to bring as much U.S. LNG as possible to Poland and gradually transport it to Ukraine.”

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Ukraine can also receive natural gas through pipelines from Poland, Slovakia, and Hungary. The country plans to maximize its U.S. LNG imports through European terminals, Lyppa said.

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Given the current geopolitical climate, Ukraine may prioritize U.S. LNG over supplies from other countries, such as Qatar, if the price difference is minimal.

In related news, the U.S. has been involved in recent efforts to mediate a ceasefire between Ukraine and Russia. Ukraine expressed readiness on Tuesday to accept a U.S. proposal for a temporary 30-day ceasefire, though it is contingent on Russia’s agreement.

Since Russia’s invasion began in February 2022, it has repeatedly targeted Ukraine’s energy infrastructure, with airstrikes intensifying during winter when Ukraine relies heavily on gas and other energy sources for heating and electricity.

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