Revealed last Friday (June 10), the National Joint Stock Company, Naftogaz of Ukraine, entered an agreement with Canadian, Symbio Infrastructure to purchase green liquid hydrogen and low-carbon liquefied natural gas (LNG) from Quebec, Canada.
Through a signed Memorandum of Understanding (MoU), Symbio is set to supply the fuels with intentions of helping Europe address the ongoing energy crisis, with operations set to commence in 2027.
Yuriy Vitrenko, CEO of Naftogaz Ukraine, said, “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.”
The state-owned Naftogaz, has said it is committed to building up green energy assets to allow an energy transformation to decarbonise the Ukrainian economy.
In 2021, it was announced that with RWE, Naftogaz would explore opportunities to develop green hydrogen in Ukraine.
Read more: Naftogaz, RWE to explore green hydrogen opportunities in Ukraine
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