Ukraine’s state-owned built-in power firm Naftogaz and United States power know-how firm Baker Hughes have signed a memorandum of understanding (MOU) for potential cooperation throughout the power worth chain.
“The memorandum facilitates joint work on the evaluation and preparation of potential initiatives in exploration and manufacturing, oil and gasoline transportation and storage, refining, petrochemicals and energy era”, Naftogaz mentioned in a web-based assertion.
Naftogaz chair Sergii Koretskyi mentioned, “The memorandum with Baker Hughes allows a scientific method to creating new initiatives utilizing superior technical and operational options. For us, that is about enhancing infrastructure effectivity and enhancing tools reliability”.
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Tayo Akinokun, senior vice chairman for world geozones at Baker Hughes, mentioned, “Ukraine’s power sector has unbelievable potential to supply energy to the nation and throughout Europe”.
Final week Power Minister Denys Shmyhal introduced a number of agreements between Ukraine and corporations in america after a go to by a Ukrainian delegation.
A submit by the verified Telegram web page of Shmyhal mentioned Naftogaz had signed an MOU with Baker Hughes “to extend the power effectivity and reliability of gasoline generators and compressor models, improve productiveness and optimize manufacturing”.
Naftogaz additionally signed a memorandum with Photo voltaic Generators. “Potential areas of cooperation embrace the localization of service and upkeep of kit, coaching of Ukrainian specialists and different initiatives aimed toward growing the power resilience and independence of Naftogaz Group amenities”, Shmyhal mentioned on Telegram, as translated from Ukrainian.
Naftogaz additionally inked a memorandum with the foyer group American Petroleum Institute. “Among the many areas of cooperation are the change of data concerning present requirements, certificates, applied sciences and greatest trade practices within the oil and gasoline sector, together with the involvement of Group specialists within the means of creating API requirements”, Shmyhal mentioned.
Ukraine’s Power Ministry additionally signed a manufacturing sharing contract with Side Holdings for oil and gasoline growth in Ukraine, Shmyhal mentioned.
Earlier Naftogaz secured agreements with European companions to import U.S. liquefied pure gasoline (LNG) into Ukraine.
Naftogaz mentioned February 26 Lithuania’s state-owned built-in power providers supplier Ignitis Group had agreed to ship a cargo of U.S.-produced LNG amounting to 90 million cubic meters (3.18 billion cubic ft) to Naftogaz.
Naftogaz mentioned February 23 it was to obtain U.S. LNG provided by TotalEnergies at a terminal in Germany.
On February 4 Naftogaz mentioned it had taken supply of its first cargo of U.S. LNG in 2026, below a partnership with Poland’s state-backed ORLEN SA.
“The quantity delivered is sort of 100 million cubic meters [3.53 billion cubic feet] – sufficient to supply gasoline to about 700,000 households for one month in the course of the winter interval”, Naftogaz mentioned.
“Complete U.S. LNG provides to Ukraine might attain one billion cubic meters in 2026”, Naftogaz added.
To contact the creator, electronic mail jov.onsat@rigzone.com
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