KYIV. July 17 (Interfax-Ukraine) – American Frontera Resources Corporation will build an LNG-terminal in Ukraine, Ukrainian Prime Minister Arseniy Yatseniuk has said.
“Naftogaz Ukrainy signed the corresponding memorandum with Frontera company. The American company starts construction of LNG-terminal and supplying natural gas to Ukraine via the construction of the LNG-terminal,” he said in the Verkhovna Rada on Friday when reporting on his recent visit to Washington.
As reported Naftogaz earlier said that a memorandum had been signed with Frontera during the American-Ukrainian business forum in Washington held on July 13. The parties will cooperate in issues in gas and oil prospecting and production in Ukraine, as well as the realization of LNG import project via the capacity of American company in Georgia. The confirmed reserves of natural gas in Georgia amount to 300 billion cubic meters.
