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Home / Business and Economy / Greece Ships U.S. LNG to Ukraine in March Deal

Greece Ships U.S. LNG to Ukraine in March Deal

2 Feb

•

Summary

  • Greece will supply U.S. liquefied natural gas to Ukraine starting in March.
  • The shipment will arrive at Greece's Revithoussa LNG terminal.
  • The deal aims to support Ukraine's energy needs during its wartime crisis.
Greece Ships U.S. LNG to Ukraine in March Deal

In a significant move to support Ukraine's energy resilience, a Greek joint venture has secured its inaugural deal to supply U.S. liquefied natural gas (LNG) to the war-torn nation starting in March. This initiative is particularly vital as Ukraine grapples with its most severe wartime energy crisis, exacerbated by ongoing Russian attacks on its infrastructure.

The U.S. LNG cargo is slated to arrive at Greece's Revithoussa LNG terminal. From there, it will be transported to Ukraine's energy company, Naftogaz, through an established pipeline network connecting Greece to Ukraine via Bulgaria, Romania, and Moldova. The total quantity of gas supplied may reach up to 1 terawatt hour, contingent on the capacity of the involved gas grid operators.

This agreement highlights Greece's expanding role as a critical transit route for gas into Europe, especially as the continent seeks to diminish its reliance on Russian energy imports. The deal also underscores Ukraine's efforts to diversify its energy sources and secure essential supplies during a period of intense conflict and infrastructural damage.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Greece will supply U.S. liquefied natural gas to Ukraine starting in March.
The U.S. LNG will arrive at Greece's Revithoussa LNG terminal and be transported to Ukraine via a pipeline network through Bulgaria, Romania, and Moldova.
This supply is crucial for Ukraine to bolster its energy security amid its severe wartime energy crisis caused by Russian attacks.

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