Greek Joint Venture to Supply U.S. LNG to Ukraine in March via Pipeline
A Greek joint venture has secured a deal to supply U.S. liquefied natural gas (LNG) to Ukraine in March, enhancing Greece's role as a gas transit route to Europe amid plans to ban Russian gas imports by 2027. The LNG will be delivered from Greece's Revithoussa terminal to Ukraine's Naftogaz through a pipeline network, with a maximum supply of up to 1 terawatt hour. Additionally, Greece will import 700 million cubic meters of U.S. LNG annually starting in 2030, marking its first long-term agreement to replace Russian supplies.
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A Greek joint venture has signed a deal to supply U.S. liquefied natural gas (LNG) to Ukraine in March, as Greece aims to enhance its role as a gas transit route to Europe, which plans to ban Russian gas imports by late 2027. The LNG will arrive at Greece's Revithoussa terminal and be delivered to Ukraine's Naftogaz through a pipeline connecting Greece to Ukraine via Bulgaria, Romania, and Moldova.
The maximum supply may reach up to 1 terawatt hour, contingent on the capacity of gas grid operators. Additionally, Greece has agreed to import 700 million cubic meters of U.S. LNG annually starting in 2030, marking its first long-term deal with the U.S. to replace Russian supplies.
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