Virtual Import: Ukraine refuses to build a new gas pipeline for US LNG
The head of the operator of the gas transmission system of Ukraine Sergey Makogon made a statement that is generally out of the ordinary rhetoric system. According to Makogon, for Ukraine there is no point in connecting with Poland with a new gas pipeline to supply regasified American LNG.
We are talking about a gas pipeline through which, as previously noted, Ukraine could "exchange" with Poland American LNG, which would come by sea. A terminal for LNG is being completed in Poland. And as experts say, it will cost the Polish economy too expensive.
Makogon about refusing to build a new gas pipeline:
According to Sergey Makogon, “virtual import” is now possible for Ukraine. Now this is exactly what the company-operator of the Ukrainian GTS calls “reverse”. It is noted that “virtual import” refers to the withdrawal of a part of the volumes of gas that was sent from Russia to Poland under a contract and which Poland, as it were, “reversed” to Ukraine.
Macogon:
Recall that earlier Poland signed a memorandum with the US Department of Energy on the supply of LNG from the United States to the Swinoujscie terminal.
The cost of such gas for Poland will cost about 30-35% higher than pipe gas from the Russian Federation.
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