DTEK Expands Gas Supply via Lithuania

DTEK has imported a shipment of American liquefied natural gas (LNG) through a terminal in Lithuania, as reported by Bloomberg.
The D.Trading division delivered its first cargo of approximately 100 million cubic meters of gas from the Plaquemines plant of Venture Global Inc. in Louisiana to the Klaipeda terminal.
This marked the first instance where a Ukrainian trader independently arranged the charter of a tanker, loading LNG onto the Gaslog Houston on October 20.
In light of the destructive Russian attacks on Ukraine's energy infrastructure, the country is seeking to diversify its gas supply sources, as more than half of its domestic gas production was destroyed, Bloomberg states.
For D.Trading, which had previously supplied American LNG via Greece, access to the Lithuanian terminal provides new delivery options through a northern corridor connecting Ukraine with Poland and the Baltic states.
“We are working with European and American partners to develop cost-effective routes to increase gas flows into Ukraine and neighboring countries. The company estimates that Ukraine will need about 4 billion cubic meters of gas imports this winter after the Russian attacks,” said DTEK CEO Maxim Timchenko.
As reported, at the end of December 2024, DTEK accepted its first shipment of 100 million cubic meters of liquefied natural gas from the United States after the LNG vessel docked in Greece. DTEK manages the energy assets of SCM owned by Rinat Akhmetov.