Moldova will allow Ukraine to import gas from the LNG terminals in Greece and Turkey.

Friday, January 13, 2023
Moldova will allow Ukraine to import gas from the LNG terminals in Greece and Turkey.

The Government of Moldova has approved a decision on the necessary legislative changes, which opens the possibility for all companies to use the backhaul service (virtual reverse) at the connection point with Ukraine. As reported by Operator GTS of Ukraine, in this way, Ukrainian traders will be able to transport non-Russian gas through the Trans-Balkan Corridor from LNG terminals in Greece and Turkey or gas produced in Azerbaijan. Previously, this mechanism was used mainly by customers from Moldova. There is also an additional opportunity for foreign companies to store gas from LNG terminals in Greece or Turkey in Ukrainian underground storage facilities. This is an important decision both for the security of supply and the development of Ukrainian gas market.

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