ORLEN and Naftogaz strengthen partnership on gas supplies to Ukraine
ORLEN and Ukraine’s Naftogaz have signed an agreement for the supply of a further 100 mcm of natural gas. This marks the third contract under the Companies’ long-term collaboration framework, bringing the total contracted volume of US-sourced gas supplied to Ukraine to 300 mcm.
“The latest agreement with Naftogaz highlights ORLEN’s growing importance as a natural gas supplier in the region. Our partnership contributes significantly to strengthening Ukraine’s energy security through ORLEN's diversified gas supply portfolio and the efficient utilisation of Polish transmission infrastructure. We remain committed to further supporting Ukraine by ensuring access to stable and diversified gas sources,” said Robert Soszyński, Vice President of the ORLEN Management Board, Operations.
“This supply further strengthens the energy partnership between our companies and supports the delivery of a reliable resource to Ukrainian consumers. As we prepare for the next heating season, such contracts remain a key element of our strategy to diversify supply and bolster the country’s energy resilience,” said Roman Chumak, Acting Chairman of the Board at Naftogaz of Ukraine.
This third agreement between ORLEN and Naftogaz was announced during the 14th edition of the ORLEN GAS Meeting, a major industry event dedicated to discussing the future of the gas market and regional energy security. ORLEN will import LNG from the United States, regasify it at the Świnoujście terminal, and then transport it through the Polish transmission system to the Ukrainian border.
The letter of intent between ORLEN and Naftogaz concerning the collaboration on gas supply to Ukraine was signed in March of this year. Based on this, the companies have now concluded three contracts for a total volume of 300 mcm. These agreements reflect ORLEN’s strategy to diversify its customer base and reinforce the Group’s role as a regional leader in the natural gas market.
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