Ukraine receives 1st batch of U.S.-produced LNG from Polish terminal

A tanker-gas carrier delivered the cargo from the U.S. to an LNG terminal in the port of the Polish city of Swinoujscie and then forwarded it to Ukraine through the Polish gas transport system (GTS).

Earlier this summer, ERUs Polish supply partner purchased a delivery to Poland’s first LNG facility and arranged the transportation of the gas by pipeline to the Polish-Ukrainian interconnector.

ERU Trading bought gas at the border and placed it in a Ukrainian storage facility, the report says.

According to the company, such deals are insured by the Overseas Private Investment Corporation (OPIC), which has signed a twenty-year contract with ERA Trading.

Read alsoCabinet willing to demonopolize Ukraine's gas market"The possibility of spot liquefied natural gas shipment and its coverage by the OPIC insurance policy allowed ERU to win one of ten lots for the supply of 135 million cubic meters of gas for the needs of Ukrtransgaz for a 7 month period," the press service added.

As UNIAN reported earlier, in early August, ERU Trading launched natural gas imports from the Polish oil and gas company PGNiG for Ukrainian industrial consumers.

UNIAN memo. Energy Resources of Ukraine (ERU) is a private energy company founded by Andrew Favorov and ERU Finance Ltd. The company implements energy projects in Ukraine, including technologies for intensification of natural gas production.

Read alsoUkrainian gas reserves plunge to almost 15.6 bcm within weekThe Swinoujscie LNG terminal is designed for receiving gas tankers, regasification, and transmission of fuel to Polish gas transmission system. The terminal belongs to Polskie LNG S.A., which is the subsidiary of Gaz-System, the operator of the Polish GTS. The LNG terminal with an annual capacity of 5 billion cubic meters was launched in 2016.