Ukraine LNG import has taken a significant leap forward as DTEK, the nation’s largest private energy company, received its first liquefied natural gas (LNG) cargo from the United States. This milestone marks a crucial step in bolstering Ukraine’s energy independence and reducing reliance on Russian gas. The shipment, carrying approximately 100 million cubic meters of gas, arrived at the Revithoussa LNG terminal in Greece on Friday.
D.TRADING, DTEK’s pan-European trading subsidiary, secured the entire cargo, which will be regasified and distributed throughout the European Union and Ukrainian gas networks. This strategic move comes as Ukraine prepares to terminate an agreement for transporting Russian gas to the European Union through its territory, further solidifying the nation’s commitment to energy security.
DTEK CEO Maxim Timchenko underscored the importance of this Ukraine LNG import for both Ukraine and Europe’s energy security, stating, “Cargoes like this are not only providing the region with a flexible and secure source of power, but are further eroding Russia’s influence over our energy system.” He also expressed gratitude for the United States’ strategic contribution to Europe’s energy security through such shipments.
Due to the ongoing conflict, D.TRADING opted to receive the LNG cargo in Greece and utilize regasification terminals and cross-border pipelines for distribution. This approach highlights the adaptability and resilience of Ukraine’s energy strategy in the face of challenges. The company plans to increase Ukraine LNG imports from the US and expand its operations in Northern Europe and the Baltics, further diversifying its energy sources.
This development underscores the growing role of LNG in the global energy landscape and highlights the efforts of Ukraine and its partners to diversify gas supplies and enhance energy security. The successful Ukraine LNG import signifies a new era in the country’s energy journey, paving the way for a more secure and independent future.
Source: DTEK website (https://www.dtek.com/en)
