Ukraine's Naftogaz and Poland's Orlen to cooperate in LNG
Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify its gas supplies, the companies said.
They also agreed on a contract to supply 100 MMm3 of natural gas to Ukraine, the statement said.
"Our relationship will be based on commercial terms, but securing an additional source of gas is vital for Ukraine also from the point of view of its security," said Robert Soszyński, Orlen's vice president.
Ukraine's energy sector has been under attack since Russia's invasion in February 2022. So far this year, Russian forces have stepped up strikes on Ukrainian gas production and transit facilities.
The government plans to import up to 800 MMm3 of gas from Europe to compensate for about 40% drop in production following the Russian strikes.
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