Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Ukraine receives US natural gas shipment for the 1st time amid fresh supply fears

by December 31, 2024
December 31, 2024

Ukraine has received its first shipment of liquefied natural gas (LNG) from the U.S., energy company officials confirmed this week— a positive development for Kyiv as it moves to ramp up its purchases of U.S. supplies and protect against broader supply concerns in the region.

Ukraine’s private energy company, DTEK, confirmed it has received some 100 million cubic meters of U.S. LNG in the shipment, which the U.S. shipped to an LNG regasification terminal in Greece. 

The news comes after Ukraine’s DTEK inked a supply deal with U.S.-based LNG supplier Venture Global in June.

The DTEK contract is the first significant LNG contract to be struck between Ukraine and the U.S. and will allow Ukraine to purchase an ‘unspecificed’ amount of LNG from Venture Global through 2026. The companies also signed a separate 20-year agreement, in keeping with traditional longer-term LNG supply contracts.

The news comes just hours before Russian gas giant, Gazprom, is slated to halt all piped gas deliveries shipped through Ukrainian pipelines to other European countries, following the expiration of its five-year contract.

Ukraine itself does not purchase Russian gas supplies. However, the European Union (EU) remains heavily dependent on imported gas, including from Russia.

Even after the abrupt throttling of the Nord Stream 1 gas pipeline, the EU depends on piped Russian gas for roughly 5% of its total gas imports— sparking fresh fears as to how the bloc might cope in the event of a supply emergency or colder-than-expected winter. 

In the interim, Ukrainian officials said, they hope the additional U.S. supplies can help fill in the gap and help ease any near-term supply crises in the EU.

‘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,’ DTEK CEO Maxim Timchenko said in a statement. 

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Palestinian official predicts Trump will ‘destroy’ Iran, leading to breakdown of remaining Hamas cells: report
next post
Strongest Top 3 S&P 500 Stocks: Will They Lead the Pack in 2025?

You may also like

Experts warn AI could generate ‘major epidemics or...

August 28, 2024

Arizona Sheriff Mark Lamb says he was uninvited...

May 21, 2023

Biden political appointees to HIV council have ‘woke’...

December 19, 2022

House lawmakers visit Taiwan as China warns US...

May 26, 2024

Newly Unsealed Court Documents Reveal FBI Got Warrant...

September 25, 2022

As Biden visits border, still no apology over...

January 6, 2023

Illinois Gov. Pritzker sworn in for 2nd term

January 9, 2023

Experts sound the alarm over ‘shocking’ study showing...

May 6, 2025

Federal judge skeptical of effort to block Musk’s...

February 17, 2025

BREAKING: Social Security Announces Biggest Cost-Of-Living-Adjustment In 40...

October 13, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Russia says Ukrainian drones hit nuclear power plant during Independence Day strikes

      August 25, 2025
    • Earn $8,800 a day in passive income using your smartphone – Siton Mining Launches New Multi-Currency Cloud Mining App for BTC, XRP, and DOGE

      August 24, 2025
    • Trump gave the Oval Office a gilded makeover – and covered the cost himself

      August 24, 2025
    • Trump learns a lesson grounded in faith, how best to stand tough on trade with China

      August 24, 2025
    • Latest Decode Casino Bonus Code Deals You Shouldn’t Miss

      August 24, 2025
    • Israel set to launch Gaza City offensive: High stakes, high costs ahead

      August 24, 2025

    Categories

    • Business (8,867)
    • Investing (2,235)
    • Politics (16,475)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved