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Poland's Orlen to supply Ukraine's Naftogaz 3 LNG cargoes and fuel - Finance news and analysis from Global Banking & Finance Review
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Poland's Orlen to supply Ukraine's Naftogaz 3 LNG cargoes and fuel

Published by Global Banking & Finance Review

Posted on September 21, 2026

3 min read

· Last updated: September 21, 2026

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Orlen Agrees to Supply LNG and Fuel to Ukraine's Naftogaz in 2027 Deal

Key Details of the Orlen-Naftogaz Agreement

By Pavel Polityuk

Overview of the LNG and Fuel Supply Deal

KYIV, Sept 21 (Reuters) - Polish energy group Orlen will supply Ukraine's state-owned Naftogaz with three cargoes of liquefied natural gas in the first quarter of 2027, while state-owned Ukrnafta will receive fuel worth up to $500 million, Naftogaz said on Monday.

The company did not disclose the exact volume of gas Ukraine will receive at the height of the heating season, which could be among the most difficult in nearly five years of war due to continued Russian attacks on Ukraine's energy system.

Naftogaz had previously purchased US-origin LNG from Orlen.

Additional Fuel Supplies and Market Impact

In addition to the natural gas, Naftogaz said its subsidiary Ukrnafta will receive motor fuel from Orlen worth up to $500 million, "helping to further strengthen the stability of fuel supplies amid a global oil crisis caused by events in the Middle East".

Globally, fuel prices have been inflated by disruption caused by the U.S.-Israeli war on Iran.

Rising Fuel Prices in Ukraine

In Ukraine, retail prices for motor fuel have risen by 8% to 10% since the start of the month, tracking gains in European prices, and diesel has edged close to the psychological threshold of 100 hryvnias ($2.24) per litre.

Ukraine is fully dependent on imported fuel because Russian missile attacks have destroyed Ukraine's oil-refining capacity.

Ukraine's Crude Oil Production and Export Routes

Continued Crude Oil Production

UKRAINE STILL PRODUCES CRUDE OIL

Although Ukraine has lost its oil refineries, it continues to produce crude oil. Naftogaz said that the agreements with Orlen will allow Ukrnafta, Ukraine's largest oil producer, to refine it at refineries outside the country.

"The document makes it possible to explore the supply of Ukrainian crude oil for processing at refineries in Central Europe," Naftogaz said.

Export Volumes and Pipeline Infrastructure

Ukraine no longer discloses figures on its crude output, but in 2021, before Russia's invasion began in 2022, it  produced around 1.5 million metric tons of crude and gas condensates. 

It operates the southern branch of the Soviet-era Druzhba oil pipeline, which carries Russian crude to refineries in Hungary and Slovakia.

Kyiv has also used the route to transport its own oil to Eastern Europe.

Recent Disruptions and Pipeline Restart

In January 2026, a Russian drone damaged equipment on the pipeline in the Ukrainian town of Brody, halting oil flows for several months and prompting protests from Hungary and Slovakia, which accused Kyiv of deliberately delaying the pipeline's restart. Kyiv has denied that allegation.

The pipeline resumed operations in April.

(Reporting by Pavel Polityuk; editing by Barbara Lewis)

Key Takeaways

  • Orlen commits to deliver three U.S.‑sourced LNG cargoes to Naftogaz in Q1 2027, continuing earlier 2026 supplies of over 300 million m³, strengthening Ukraine’s gas diversification strategy
  • Ukrnafta will receive up to $500 million in motor fuel from Orlen, offering relief amid an 8–10 % domestic petrol and diesel price surge and psychological diesel price nearing 100 UAH/liter
  • Global fuel markets remain under pressure from the U.S.–Israeli conflict with Iran and disrupted refining capacity; Ukraine remains fully import‑dependent after Russian missile destruction of its domestic refineries

Frequently Asked Questions

What has Orlen agreed to supply Ukraine's Naftogaz?
Orlen will supply three LNG cargoes in Q1 2027 and up to $500 million in fuel to Naftogaz subsidiaries.
Why is Ukraine importing fuel and LNG?
Ukraine is importing fuel and LNG after Russian missile attacks destroyed its oil refineries, making it fully dependent on imports.
How has the war affected Ukraine's fuel prices?
Fuel prices in Ukraine have risen by 8% to 10% since the start of the month, with diesel approaching 100 hryvnias per litre.
Does Ukraine still produce crude oil?
Yes, Ukraine continues to produce crude oil, which may be refined abroad through agreements with Orlen.
What happened to the Druzhba oil pipeline?
A Russian drone damaged the Druzhba pipeline in Brody, halting oil flows temporarily before resuming in April.

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