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Argent LNG and Naftogaz Group sign Memorandum of Understanding on long-term U.S. LNG cooperation

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.