Ukraine could import large quantities of US LNG to replace Russian gas

Ukraine may import significant quantities of US LNG through terminals in EU countries in a bid to boost supplies with domestic infrastructure damaged by Russian attacks, the head of the gas system operator told Reuters in an interview published on Wednesday.

Ukraine could import at least 4 billion cubic meters of gas between April and October this year, Dmytro Lyppa, chief executive of the Gas Transmission System Operator of Ukraine (GTSOU), told Reuters.

DTEK, Ukraine's largest private energy company, signed a Heads of Agreement (HOA) in June with US firm Venture Global for the supply of American LNG to Ukraine and Eastern Europe.

According to the gas system operator, Ukraine could import American LNG through terminals in Germany, Greece, Lithuania and Poland.

“If we consider the political aspect, it is better for us to bring as much (American LNG) to Poland as possible and gradually bring it to us,” Lyppa told Reuters.

Ukraine can import natural gas through pipelines from Poland, Slovakia and Hungary.
Ukraine will try to import as much US LNG as possible through European terminals, the executive said.

Freeport LNG production plant

Due to the geopolitical situation, Ukraine may prefer US LNG to supplies from competitors, for example from Qatar, if the price difference is not significant, Lyppa told Reuters. It seems clear that at or near the same price, the US product would be preferred to show closeness to the US and guarantee coverage, even if Russian gas via pipeline would be extremely cheaper.

In recent days the United States has attempted to broker a ceasefire agreement between Ukraine and Russia. Ukraine on Tuesday “expressed readiness to accept the United States proposal to implement an immediate and provisional 30-day ceasefire,” read a joint statement by the Ukrainian and American delegations after their meeting in Jeddah, Saudi Arabia.

However, the ceasefire proposal is conditional on Russia's acceptance.
Russia has been targeting – and hitting – energy infrastructure in Ukraine since the invasion began in February 2022. Airstrikes become more aggressive and frequent during the winter, when Ukraine needs more gas and all other energy sources to keep the heat and lights on.

The article Ukraine could import large quantities of US LNG to replace Russian gas comes from Economic Scenarios .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/lucraina-potrebbe-importare-grandi-quantita-di-gnl-usa-a-sostituzione-del-gas-russo/ on Thu, 13 Mar 2025 07:00:46 +0000.