Naftogaz and Symbio Infrastructure agree on deliveries of low carbon Canadian LNG and green hydrogen to Ukraine

The National Joint Stock Company "Naftogaz of Ukraine" has entered into an agreement with the Canadian energy developer Symbio Infrastructure ("Symbio") to purchase liquefied natural gas (LNG) and green liquid hydrogen (LH2) from Quebec, Canada.

"This agreement is an important milestone on Ukraine's path of transitioning to diverse supplies of energy from around the globe, which we began at the end of 2014, when we stopped the direct import of Russian natural gas. Since then, we've fortified our energy independence by being an active player in the European energy market. We believe opportunities for procuring reliable, responsibly produced long-term energy supply from allies like Canada – and from Symbio's facilities – by 2027 is critical to our energy security, transition and future economic prosperity," said Yuriy Vitrenko, CEO of Naftogaz Ukraine.

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Symbio will help diversify European energy supply and contribute Europe's energy transition by building future-proof, net zero, energy infrastructure, producing LNG and becoming one of the world's largest green liquid H2 exporters. Pending the expedience of regulatory authorizations, Symbio's projects are scheduled to commence operations in 2027.

Source: PR Newswire

Tags: gas, LNG

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