“We will sign the contract with credit leverage (post-payment) and insurance instruments shortly,” Koretskyi said. The agreement, signed during a transatlantic energy conference in Athens, confirms an exclusive report by Reuters that the parties were working on a deal to further tighten Europe’s ties to American energy.
Polish refiner Orlen started supplying Ukraine earlier this year. Thanks to the deal signed on Friday, the volume of supplied fuel will reach nearly one billion cubic metres, the Polish energy ministry said in a statement.