Particle.news

Download on the App Store

Ukraine Proposes U.S. Use Its Pipelines to Sell Energy to Europe Under 50/50 Split

U.S. uptake remains unclear under a minerals pact that has drawn scrutiny in Kyiv.

Overview

  • Energy Minister Svetlana Grinchuk told the New York Post that Ukraine wants the U.S. and partners to use Ukrainian pipelines and storage to move resources mined in Ukraine or imported from the U.S. to European buyers, with profits shared equally.
  • The New York Post reporting, cited by Russian outlets, also said presidential chief of staff Andriy Yermak discussed using such flows to erode Russia’s share of Europe’s energy market during UN General Assembly meetings.
  • Interest from Washington in using Ukrainian infrastructure has not been confirmed, according to the New York Post accounts relayed by the Russian press.
  • The proposal builds on an April 30 U.S.–Ukraine minerals agreement, ratified in May, that set up a joint investment fund to which Kyiv allocates 50% of revenues from new rents and licenses; the U.S. made an initial $75 million contribution on September 17 and Ukraine has indicated it will match.
  • Ukrainian lawmakers and media have criticized the deal for perceived losses of economic sovereignty and for references to two additional documents not shown to parliament, while a NYT report of tense U.S. negotiating tactics in February was denied by then‑economy minister Yuliia Sviridenko.