Ukraine’s largest private energy company, DTEK, on 27 December took delivery of its first cargo of liquefied natural gas from the United States, after the LNG shipment docked in Greece.
The consignment of approximately 100 million cubic metres of gas aboard the Gaslog Savannah arrived at the Revithoussa LNG terminal on 27 December. D.TRADING, DTEK’s pan-European trading subsidiary, has purchased the entire cargo. Working with Greek and other partners, the LNG will now be re-gasified and exchanged through European Union and Ukrainian gas networks.
The shipment is part of broader efforts to enhance Ukraine and Europe’s energy security by reducing reliance on Russian supplied gas. Its arrival comes days before Ukraine ends an arrangement transporting Russian gas to the European Union via its territory.
D.TRADING expects Friday’s consignment to be the first of a number of such shipments from the USA, and is looking to expand its LNG activities into northern Europe and the Baltics.
DTEK CEO Maxim Timchenko said: “The arrival of this LNG cargo is a clear signal of DTEK’s determination to play its part in strengthening Ukraine and Europe’s energy security. 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.”
D.TRADING is bringing in this first cargo via Greece because of war-related restrictions on LNG transits into the Black Sea and Ukraine directly. Instead, it will use regasification terminals like Revithoussa together with cross-border pipelines such as the Vertical Corridor initiative, which carries gas to Greece, Bulgaria, Romania, Hungary, Slovakia, Moldova and Ukraine.
