Ukraine increases imports of US Liquefied Natural Gas via Poland during heating season

Naftogaz, the Ukrainian state-owned oil and gas company, said it would increase imports of U.S. Liquefied Natural Gas through Polish firm Orlen WA> as well as U.S. Partners to ensure supply for the winter amid continued Russian attacks on the energy systems.

In a press release, CEO Serhiy Koretskyi stated that the imports will total at least 30 million cubic metres.

Koretskyi stated that "we will sign the contract soon with credit leverage and insurance instruments." The agreement was signed at a transatlantic conference on energy in Athens. It confirms an Exclusive Report by that the parties are working on a contract to further strengthen Europe's connections to American energy. Polish refiner Orlen began supplying Ukraine in the first half of this year. The Polish energy ministry announced that the fuel volume will be nearly 1 billion cubic meters thanks to the agreement signed on Friday. Fuel is imported from America to terminals in Poland, Lithuania, and then shipped to Ukraine via Poland.

(source: Reuters)