Ukraine’s largest private energy company, DTEK, said on Tuesday it imported the first U.S. LNG cargo via the northern route from Lithuania as Ukraine looks to diversify its gas import routes.
DTEK, through its trading arm D.TRADING, has delivered its first cargo of U.S.-sourced liquefied natural gas via Lithuania—as the Gaslog Houston vessel delivered 160,000 cubic meters of LNG – equivalent to roughly 100 million cubic meters of natural gas or 1 TWh of energy – late on Monday.
Once re-gasified, the gas will flow to Ukraine, the Baltic countries, Poland, and other Eastern European markets.
The cargo on the Gaslog Houston loaded at Venture Global’s Plaquemines LNG export facility in Louisiana and was DTEK’s first to be purchased on an FOB (Free on Board) basis.
The cargo arrived at Lithuania’s Klaipeda terminal, which will be another route for Ukraine and eastern Europe to import U.S. LNG alongside the so-called vertical corridor in southeastern Europe via Greece, Bulgaria, Romania, and Moldova into Ukraine.
Private Ukrainian firm DTEK is currently in talks to import additional cargoes of U.S. LNG into Europe – using both this Northern Corridor and the southern Vertical Gas Corridor, the company said today.
“From terminals on the Baltic Sea and Mediterranean, we are working with European and US partners to develop cost-effective routes to get more gas flowing into Ukraine and neighbouring countries,” DTEK’s chief executive Maxim Timchenko said.
The first U.S. LNG cargo arrived at the Baltic Sea import terminal a day after Ukraine signed agreements to receive natural gas from U.S. LNG cargoes arriving in Greece as it aims to secure supply for the winter amid intensified Russian attacks on Ukrainian energy infrastructure.
During a visit of Ukrainian President Volodymyr Zelenskyy in Athens, Ukraine’s national oil and gas firm Naftogaz Group and Greek state-owned company DEPA signed a letter of intent on the supply of natural gas to Ukraine for the 2025-2026 winter period. Ukraine and Greece signed both operational and long-term agreements in the presence of Zelenskyy, Greek Prime Minister Kyriakos Mitsotakis, and U.S. Ambassador to Greece Kimberly Guilfoyle.
By Charles Kennedy for Oilprice.com
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