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Ukraine to import US liquefied natural gas via Greece

Ukraine to import US liquefied natural gas via Greece

Summary

Ukraine will begin importing U.S. liquefied natural gas (LNG) through Greece starting in January. The decision is part of efforts to replace Russian gas in the region and boost Ukraine's energy supply, particularly during the ongoing conflict with Russia. Ukrainian President Zelensky announced the plan after meeting with Greek Prime Minister Mitsotakis.

Key Facts

  • Ukraine will import U.S. LNG through Greece starting this winter.
  • The LNG will travel through a pipeline that crosses the Balkans.
  • Greece is increasing American LNG imports to reduce reliance on Russian gas.
  • The European Commission aims to stop all Russian gas imports to EU countries by the end of 2027.
  • Ukraine's gas imports through this deal are expected to cost nearly €2 billion ($2.3 billion) by March.
  • Since 2015, Ukraine has stopped buying gas directly from Russia and has been relying on EU countries.
  • Ukraine is experiencing ongoing Russian attacks, with casualties reported in several regions.
  • Ukrainian President Zelensky is also in talks with France regarding air defense systems.
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