Naftogaz and ORLEN sign memorandums on LNG and oil product supplies

Ukraine’s Naftogaz Group and Poland’s ORLEN signed two memorandums covering new supplies of liquefied natural gas and oil products, according to Ukrinform.

The agreements were signed during the Carpathian Eight summit and are intended to strengthen Ukraine’s energy security while diversifying the routes used to bring energy supplies into the country.

The supplied item does not give volumes, prices, delivery dates or the duration of the proposed supply arrangements. The memorandums therefore outline planned cooperation rather than providing full commercial terms.