Ukraine will buy American liquefied gas

Ukraine thought about buying liquefied gas from the facilities of the American company Frontera Resources Corporation in Georgia.

So, 13 July in the framework of the first US-Ukrainian business forum, which was held in Washington, Naftogaz of Ukraine and the American company Frontera Resources Corporation signed a Memorandum of Understanding.

According to the Memorandum, the parties agreed to cooperate in investing in the exploration and development of oil and gas in Ukraine, as well as in the implementation of a project to import liquefied gas from the facilities of an American company in Georgia.

The proven natural gas reserves of the company in Georgia amount to about 300 billion cubic meters. m

Recall, July 13 held the first American-Ukrainian business forum in Washington, during which Kiev, headed by Prime Minister Arseniy Yatsenyuk, decided to demonstrate to the heads of major American companies the investment attractiveness of Ukraine.

Notably, Frontera Resources Corporation (founded in 1996 year) is an international company engaged in the exploration and production of gas and oil. The company's strategy is to search for hydrocarbon production in the markets of Eastern European countries that belong to the Black Sea basin.