Frontera, Trailstone, and Riverstone entered Ukrainian market

Source : 112 Ukraine

Memorandums on cooperation are already signed, stated Ukrainian Prime Minister Arseniy Yatsenyuk
19:23, 17 July 2015

Фото из открытых источников

American company Frontera will construct the Liquefied Natural Gas-terminal (LNG-terminal) and start natural gas supply to Ukraine through this LNG-terminal, said the Prime Minister. “Naftogaz”, Ukrainian national oil and gas company, has already signed a memorandum with the Frontera company. They agreed on gas import project during the first US-Ukrainian business forum in Washington, July 13.
Ukraine also signed a memorandum of TrailStone on services for the buying and selling gas on the Ukrainian market. “We have also signed a memorandum with the European division of the US company Riverstone about increasing the purchases of natural gas for Ukraine,” said Yatsenyuk.

Frontera Resources Corporation is an international company engaged in the exploration and production of oil and gas, was founded in 1996. The company's strategy is to seek prospects of hydrocarbon production in the markets of Eastern Europe, which belong to the Black Sea. TrailStone is a global commodities logistics and trading company engaged across the liquids, power and gas, metals and mining, and agriculture segments.

Russian source EurAsia Daily in a recent article on US-Ukraine gas selling shared unofficial data that Ukraine already buys natural gas from US. According to the source, American price if higher that Russia’s. The difference in prices sometimes accounts for almost 1/3 of the price (up to $132).

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