DTEK, a Ukrainian company, imports US LNG through Lithuania
The Ukrainian energy company DTEK said that it has imported its first cargo via Lithuania's Klaipeda Import Terminal of U.S. LNG in order to improve energy security for Ukraine as well as other Eastern European countries.
DTEK’s trading arm imported cargo from Louisiana’s Plaquemines Plant aboard the GasLog Houston. The cargo was equivalent to 100 million cubic meters, or one terawatt-hour (TWh) of natural gas.
Privately owned company says that the plan is to deliver gas to Ukraine and Baltic countries as well as Poland and other Eastern European markets.
The company estimates that Ukraine will need to import around 4 billion cubic meters (bcms) of gas this winter due to Russian attacks against its infrastructure for storage and production.
In October, Russia intensified its strikes against Ukraine's gas industry, denying Ukraine at least half of the country's own gas production.
DTEK also said that it is negotiating the import of additional U.S. cargoes through Lithuania and Greece, as Europe strives for a phase-out of Russian gas supplies by 2027.
Maxim Timchenko, DTEK's Chief Executive Officer, said: "We are working with European partners and U.S. counterparts to develop cost-effective ways to increase gas flow into Ukraine and neighboring countries from terminals along the Baltic Sea and Mediterranean." DTEK shipped a cargo of similar size via the Revithoussa Terminal in Greece in December 2024. Volodymyr Zelenskiy, Ukrainian president, announced Sunday that U.S. LNG will be imported via Greece in the winter of this year. The deal involves Greek gas company DEPA as well as Ukrainian state energy firm Naftogaz. Nora Buli, reporting from Oslo; Marwa Rashad, reporting from London; David Goodman editing.
(source: Reuters)