Ukraine's Naftogaz Secures US LNG Supply via German Terminal Amid Rising Gas Prices
NATURAL GAS
Naftogaz of Ukraine has arranged for US liquefied natural gas (LNG) to be supplied through a German terminal on Rügen Island, amid a 42% spike in European gas prices. This increase follows military actions in the Black Sea and a production halt in Qatar after an Iranian attack.
Germany's gas storage is critically low at 20%. The LNG will be regasified by Deutsche ReGas and then transported via pipelines to Lubmin, where it was previously delivered through Nord Stream. From Lubmin, it will be sent to Ukraine through Poland. The situation raises concerns about Germany's energy policy and its implications for European energy security.

Mar 7, 2026, 6:14 AM