Finance

Ukraine's Naftogaz and Poland's Orlen to cooperate in LNG

Published by Global Banking & Finance Review

Posted on March 7, 2025

1 min read

· Last updated: January 25, 2026

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Ukraine's Naftogaz and Poland's Orlen to cooperate in LNG
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KYIV (Reuters) - Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify

Naftogaz and Orlen Forge Partnership in Liquefied Natural Gas Sector

KYIV (Reuters) - Ukrainian oil and gas company Naftogaz and Polish energy group Orlen signed an agreement on Friday to cooperate in the liquefied natural gas (LNG) sector and help Kyiv to diversify its gas supplies, the companies said.

They also agreed on a contract to supply 100 million cubic metres of natural gas to Ukraine, the statement said.

"Our relationship will be based on commercial terms, but securing an additional source of gas is vital for Ukraine also from the point of view of its security," said Robert Soszyński, Orlen's Vice president.

Ukraine's energy sector has been under attack since Russia's invasion in February 2022. So far this year the Russian forces have stepped up strikes on Ukrainian gas production and transit facilities.

The government plans to import up to 800 million cubic metres of gas from Europe to compensate for about 40% drop in production following the Russian strikes.

(Reporting by Olena Harmash; Editing by Tomasz Janowski)

Key Takeaways

  • Naftogaz and Orlen sign LNG cooperation agreement.
  • 100 million cubic metres of natural gas to be supplied to Ukraine.
  • Partnership aims to diversify Ukraine's gas supply.
  • Ukraine's energy sector faces challenges due to Russian attacks.
  • Plan to import 800 million cubic metres of gas from Europe.

Frequently Asked Questions

What agreement did Naftogaz and Orlen sign?
Naftogaz and Orlen signed an agreement to cooperate in the liquefied natural gas (LNG) sector and to supply 100 million cubic metres of natural gas to Ukraine.
Why is securing an additional source of gas important for Ukraine?
Securing an additional source of gas is vital for Ukraine from the point of view of its security, as stated by Orlen's Vice President Robert Soszyński.
How has the Russian invasion affected Ukraine's energy sector?
Ukraine's energy sector has been under attack since Russia's invasion in February 2022, with increased strikes on Ukrainian gas production and transit facilities.
What are Ukraine's plans for gas imports this year?
The Ukrainian government plans to import up to 800 million cubic metres of gas from Europe to compensate for a 40% drop in production following the Russian strikes.

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