Ukraine’s Naftogaz to get another US LNG cargo from Orlen

Poland's Orlen will supply another US LNG cargo to Ukraine's Naftogaz, the fourth shipment as part of a deal signed earlier this year.

Naftogaz said in a statement on Wednesday that it had signed a deal with Orlen to buy an additional 140 million cubic meters of LNG.

This marks the fourth contract under the companies’ long-term cooperation framework signed in March, bringing the total contracted volume to 440 mcm.

Orlen will deliver the LNG cargo from the US, regasify it at the Swinoujście terminal in Poland, and transport the gas supplies through the Polish transmission system to the Ukrainian border.

The Polish firm also delivered the previous two LNG cargoes from the US to Poland, while the first shipment was delivered to the 170,000-cbm FSRU Independence in Lithuania’s Klaipeda.

Sergii Koretskyi, CEO of Naftogaz said the company is diversifying its sources and routes of gas supply.

“This enhances Ukraine’s energy security and resilience amid the ongoing full-scale war with Russia,” Koretskyi said.

“Thanks to our continually developed trading expertise, proprietary fleet of LNG transport vessels, and reserved regasification capacities, we are well positioned to support Ukraine in diversifying both the sources and supply routes for natural gas,” Robert Soszyński, VP of Orlen’s management board said.

Ukraine has no LNG import facilities.

Orlen has contracts with US LNG producers Cheniere and Venture Global LNG.

The firm has secured long-term regasification capacity at the FSRU-based facility in Klaipeda, reserved until 2032, allowing it to import via the terminal over 0.5 billion cubic meters of natural gas annually.

It also uses KN Energies’ small-scale LNG terminal in Lithuania’s Klaipeda.

In Poland, Orlen imports LNG via the Gaz-System-operated import facility in Swinoujscie, which was expanded to about 8.3 bcm per year.

In addition,  Orlen booked 6.1 bcm per year of regasification capacity at Gaz-System’s planned FSRU-based LNG import facility in Gdansk.

Most Popular

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

US LNG exports down to 31 shipments

US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending July 8, down five cargoes from the week before, according to the Energy Information Administration.

Ignitis books more regas capacity at Klaipeda FSRU

Lithuanian state-controlled energy company Ignitis has booked additional regasification capacities at the KN Energies-operated FSRU-based LNG import facility in Klaipeda, Lithuania.

Atlantic LNG shipping rates slightly up, Pacific rates down

Atlantic spot LNG shipping rates increased slightly this week, while Pacific rates dropped compared to the week before, according to Spark Commodities.

US LNG exports reach 36 shipments

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending July 1, up one cargo from the week before, according to the Energy Information Administration.