Argent LNG, LLC, developer of a 25 million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal at Port Fourchon, Louisiana, and Naftogaz Group, Ukraine’s largest oil and gas holding, signed a Memorandum of Understanding (MoU) establishing a framework agreement to explore long-term U.S. LNG offtake, transportation, and distribution cooperation serving Ukraine and Central, Eastern, and Southern European markets.

Naftogaz Group has restructured two series of eurobonds with a total outstanding value of approximately €1.2 billion. The restructuring was approved by more than 90% of bondholders of each series.

Naftogaz continues to enforce the recovery of over $1.4 billion from the Russian company Gazprom awarded by international arbitration. The company is utilising every legal mechanism available in various jurisdictions including Kazakhstan.

Following the combined attack on Kyiv this night, Russian forces have been launching massive strikes since early this morning on one of the gas production facilities of Naftogaz Group in Kharkiv region.

This morning, Russian drones targeted one of Naftogaz Group’s gas production assets in the Poltava Region.