Ukraine national oil and gas company Naftogaz has signed a contract with Orlen, one of the largest oil industry corporations in Central and Eastern Europe, for the supply of an additional 100 million cubic metres (cbm) of liquefied natural gas (LNG).
The fuel will come from a shipment of US LNG in April. After regasification, it will be transported to the Polish–Ukrainian border.
This is the second gas supply deal this month under the companies’ Memorandum of Understanding (MoU), following an earlier agreement for the supply of 100 million cubic metres of gas from an LNG cargo.
Roman Chumak, Acting Chairman of the Board at Naftogaz of Ukraine, said, “Stable gas supplies remain our top priority. Cooperation with Orlen expands Ukraine’s LNG import capacity and enhances energy security. We are diversifying supply sources to ensure a reliable and accessible gas supply, especially amid ongoing Russian attacks on our infrastructure.”
The gas will be transported to Ukraine and used to create strategic gas reserves, which are crucial for building supplies for the country’s next heating season.
Ireneusz Fąfara, CEO and President of the Orlen Management Board, said it would continue to develop its trading expertise and leverage experience in the US market, which enables it to provide attractive commercial terms to partners.
“At the same time, we are proud to contribute to Ukraine’s energy diversification, reinforcing our neighbour’s energy security,” he said.
Yesterday Ebba Busch, who is Swedish Deputy Prime Minister and Minister of Energy, Business, and Industry, and Ukrainian Energy Minister German Galushchenko signed an MoU to strengthen cooperation in energy and green transition efforts in Brussels.
The agreement focuses on expanding collaboration in nuclear energy, energy security, and advancing the industrial green transition. Sweden has extensive experience in integrating renewables into its grid.
