A $4 billion secured loan was taken to implement the project.
Ukraine wants a lend-lease plan for energy
The project is awaiting regulatory approval and should begin operations in 2027.
They expect it will start operations as an FSRU during the spring of 2023.
Daewoo Shipbuilding and Marine Engineering (DSME) announced that it has canceled an order for an LNG carrier as the shipowner missed the payment deadline.
Ukraine is diversifying its sources of natural gas.
On the other hand, the consumption of natural gas decreased during the warmer months.
Natural gas prices in Europe increased by 5-15% in October.
Since the beginning of 2019, quotes on European hubs have decreased by 50%