Naftogaz signs LNG and hydrogen pact with Symbio

Naftogaz Ukrainy, Ukraine’s largest gas producer and importer, has a memorandum of understanding with developer GNL Quebec’s parent company Symbio International.

The agreement has given fresh hope to the backers of Canada’s stalled Energie Saguenay liquefied natural gas project.

The new MoU signed sets out plans for Naftogas to begin off-taking LNG from 2027, and outlines plan for the supply of green liquid hydrogen via Symbio Infrastructure, a Quebec-based partnership that invests in net zero energy infrastructure projects.

The MoU calls for LNG to be supplied to Ukraine via an import regasification terminal in Europe, from where it would reach Ukraine by pipeline.

The project was unveiled in 2014, with the aim of exporting 10.5 million tonnes per annum of LNG to Europe, but failed to gain provincial or national approvals.