A batch of LNG has been delivered to Greece, which was bought by the Ukrainian company D.Trading. It will be enough for the country for one day of consumption.
The tanker Gaslog Savannah delivered a shipment of LNG from the USA to the Greek terminal Revitusa. The delivery was made from the Calcasieu Pass terminal of the American company Venture Global.
The gas carrier left the terminal on the Gulf Coast on December 5 and, as ICIS analyst Tom Marzec-Manser wrote, the Ukrainian company accounts for 10% of the cargo – up to 10 million cubic metres.
D.Trading said it had bought the entire cargo of 100 million cubic metres. The trader, owned by Rinat Akhmetov’s DTEK, said the regasified LNG volumes would be exchanged through the EU and Ukrainian GTS networks.
The company expects that the LNG delivery will not be the last one. At the same time, there is no need to talk about a breakthrough yet, as at the current consumption in Ukraine, the cargo received by the country will be enough for a day.
Venture Global also confirmed future supplies to DTEK. The head of the company, Michael Sable, said that the Greek terminals would become a starting point for alternative gas supplies to the Central and Eastern European region, which continues to be the domain of Gazprom.
In June, Venture Global and D.Trading announced that they had entered into a non-binding comprehensive master agreement (HOA) for the supply of liquefied natural gas to Ukraine and Eastern Europe.
Venture Global said some deliveries are expected from the end of 2024 to the end of 2026 from the Plaquemines plant, which is scheduled to start up from the third quarter of this year. And others, up to 2 million tonnes (2.7 billion cubic metres) a year, they want to arrange from the unbuilt Calcasieu Pass 2 (CP2) – for a period of 20 years.