The newly signed US-Ukraine minerals deal enables immediate benefits through liquified natural gas sales, particularly as European nations commit to stop importing Russian energy by 2027. Ukrainian Energy Minister German Galushchenko highlighted the partnership's potential to increase gas production in Ukraine, which can significantly support Europe in energy needs. The deal facilitates a 50/50 profit share from new mining and drilling contracts, and Kyiv is poised to ratify the agreement soon, allowing for immediate business opportunities to exploit untapped gas reserves.
This partnership could really help to produce more gas in Ukraine to back up Europe ... to substitute this gap in the market by United States in liquified natural gas in Europe.
(The US-Ukraine deal) gives the possibility to increase production of resources, which is in really demand in the European market - which is a huge market.
#us-ukraine-relations #energy-policy #liquified-natural-gas #european-energy-market #mining-agreement
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