U.S. LNG Firm Discusses Boosting Gas Exports to Ukraine Before Winter

Venture Global has held talks with Ukraine on supplying additional volumes of liquefied natural gas (LNG) in connection with the country's increased needs ahead of the winter season.

The Gaze reports on it, referring to Reuters.

The American company Venture Global is discussing with the Ukrainian energy company DTEK the possibility of additional LNG supplies from its Plaquemines plant in Louisiana. 

This comes amid damage to Ukraine's energy infrastructure as a result of Russian attacks, forcing the country to increase gas imports to ensure a stable energy supply.

In 2024, DTEK has already signed an agreement to supply LNG from Plaquemines and also has a contract for two million tons per year from Venture Global's third plant, CP2, which is currently under construction. 

The Plaquemines plant has a capacity of 27.7 million metric tons per year and is in the commissioning phase, allowing for spot sales to meet urgent needs.

These negotiations took place after Ukrainian President Volodymyr Zelenskyy met with a delegation of American energy leaders in Washington, where he stressed the need to secure additional electricity for the country. 

Last month, Plaquemines exported 1.6 million tons of LNG, accounting for about 17% of total US exports in September. The company assures that plans for the full launch of the plant and the activation of long-term contracts remain on schedule, despite the priority of spot sales.

As The Gaze informed earlier, following large-scale Russian attacks on Ukraine's energy infrastructure, the ambassadors of the G7 countries held an urgent meeting with representatives of the Ukrainian government and energy companies to coordinate further support.