The government and energy companies assess Ukraine’s readiness for winter. Considering gas consumption by power plants, Ukraine will have enough resources for the upcoming winter season, Energy Minister Herman Galushchenko assured the public. According to him, Ukraine has ag... #DTEK #energyukraine #GasstorageUkraine #GermanGalushchenko #HeatingSeason #Naftogaz #Ukrenergo
Ukraine can become the Eastern European gas hub with its increased production. Deputy Minister of Energy Mykola Kolisnyk stated that the production increase is a crucial factor in reducing Ukraine’s dependence on global markets, while also raising the possibility of a stab... #energyukraine #GasProductionUkraine #GasstorageUkraine #MykolaKolisnyk #Naftogaz #Ukrgazvydobuvannya
Ukraine offers new schemes and conditions for supplying the EU’s gas. Ukraine has offered Slovakia and Azerbaijan a new scheme for gas supplies through its territory to the EU. Discussions are centered on the option of storing gas in Ukrainian underground storage facili... #Azerbaijan #GasstorageUkraine #GasTransit #Slovakia #UkraineGTS
Ukraine can become an EU energy hub, but stopping the transit of Russian gas has certain risks. Thanks to a robust gas transportation and storage system, Ukraine can become Europe’s energy hub and the anchor of its energy security, said Oleksiy Chernyshov, head of the board of Naftogaz of ... #energyukraine #GasstorageUkraine #GasTransit #Naftogaz #OleksiyChernyshov #UkraineGTS
Ukrainian gas storage will be useful to European traders as the transit contract between Ukraine and Russia comes to an end. According head of Naftogaz Oleksiy Chernyshov, Ukraine already has enough gas to meet its own needs, so storage facilities may be available to the EU, which seeks to preserve its reserves ahead of win... #energyukraine #EUgasInUkraine #GasstorageUkraine
European gas traders avoid Ukrainian storage facilities after Russian attacks; Naftogaz states it is operating as usual. This summer, European traders have contracted only a small portion of Ukrainian gas storage capacity following Russian attacks. The FT notes that increased risk and a lack of price incentives have red... #GasstorageUkraine #GasTraders #Naftogaz #UkraineGTS #UndergroundStorageFacilities
Ukraine has accumulated 10 billion cubic meters of gas to get through the winter season; Russian strikes will not affect the injection rate. More than 10 billion cubic meters of gas have already been stored in Ukrainian underground storage facilities in preparation for the heating season. This pace of gas accumulation makes it possible to ... #GasstorageUkraine #HeatingSeasonUkraine #Naftogaz #Naturalgas #OleksiyChernyshov #UkraineEnergy
Ukraine aims to increase the volume of European gas in storage to four billion cubic meters and earn ₴70B through the transit of Russian oil. The head of Naftogaz, Oleksiy Chernyshov, is convinced that Europe is still interested in Ukrainian gas storage, and he has called on EU countries to help protect gas storage facilities from Russian a... #GasstorageUkraine #Naftogaz #OilTransit #OleksiyChernyshov #RussianOil #UkraineGTS
Ukraine refuses to import gas and is preparing for zero transit. As a memorandum with the IMF states, “Limited domestic consumption and growing domestic production limited the need for gas imports during the last heating season. For the next heating season of... #energyukraine #GasstorageUkraine #GasTransit #GasUkraine #imf #Naftogaz #UkraineGasimport #UkrainianGTS
Ukrainian gas storage facilities have allowed EU companies to save more than $300M. European traders earned about $320M thanks to underground gas storage in Ukraine. In response to overflowing gas storage capacities elsewhere, European traders directed three billion cubic meters of g... #EUgas #GasstorageUkraine #GasSupplies #GasTransit #UkraineGTS
Ukraine joins the European “Vertical Gas Corridor” and is ready to store 10 billion cubic meters of EU gas. Operators of the gas transportation systems of Ukraine, Bulgaria, Greece, Romania, Hungary, Slovakia, and Moldova signed a memorandum on the creation of the South-North corridor (Vertical Corridor) du... #GasstorageUkraine #GasTransit #GermanGalushchenko #SouthNorthCorridor #VerticalCorridor
Ukrainian underground gas storage has allowed Europe to avoid an energy crisis. European companies have accelerated the withdrawal of natural gas from Ukrainian storage facilities as the demand for heating increases during the winter. As the FT writes, using Ukrainian storage red... #GasforEU #GasstorageUkraine #GasTransit #UkrainianGTS
European energy companies are actively using Ukrainian underground gas storage. Gas reserves in the EU are approaching their storage limits, which forces energy companies to place their excess reserves in Ukraine on winter’s eve. EU gas storage is already almost 99% full, e... #EUgas #GasstorageUkraine #Naftogaz #UkrainianGTS
The EU and Moldova have pumped three billion cubic meters of gas into Ukraine’s storage. The GTS Operator transported this volume of gas to Ukraine from April to October of the current year. Out of the gas transported, 2.4 billion cubic meters of the gas in storage is owned by foreign com... #DmytroLippa #EUgas #GasstorageUkraine #UkraineGTS
In August, traders from the EU and Moldova pumped 1.1 billion cubic meters of gas into Ukraine’s storage. Compared to July, the volume has almost doubled, and compared to August of last year, has increased by 800%. According to the Operator of the GTS of Ukraine, Slovakia was the leader in gas transportat... #GasReserves #GasstorageUkraine #GasTraders #UkrainianGTS
The commercial gas price in Ukraine has become more expensive than in the EU. According to industry media, the price of natural gas in the Ukrainian market has been rising since July, and today the price has exceeded the European price, said industry experts. The average price ... #EUgasPrices #GasPricesUkraine #GasstorageUkraine
EU gas prices are falling due to full gas storages, and traders have switched to Ukrainian gas storage. Futures on the TTF hub in the Netherlands fell 1.7% to €29.97 per MWh (about $350 per thousand cubic meters), according to data from the ICE exchange. Bloomberg notes that sluggish demand after last y... #EUgasPrices #gasprices #GasstorageUkraine #UkraineGTS
Ukraine opened access to a new route for importing gas into the country. From July 1, 2023 the National Energy Regulatory Commission set the tariff for natural gas transportation services through the Oleksiivka entry point at $4.45 (without VAT) per thousand cubic meters p... #DmytroLippa #GasstorageUkraine #GasTransit #UkraineGTS
European traders are increasing gas flow to Ukraine. Ukraine expects a jump in natural gas flow from the EU as traders are interested in its spare storage capacity to stockpile fuel for the coming winter. With European inventories already fuller than us... #EUgasReserves #GasstorageUkraine #Naturalgas #UkraineGTS
Addition route for transportation and gas storage will be launched in Ukraine. The National Commission for Regulation of the Energy Market has approved a draft resolution that sets the tariff for the interstate connection entry point at Oleksiivka for Ukraine’s gas transportatio... #energyukraine #GasstorageUkraine #GasTransit #UkraineGTS
The EU’s strategy to fight the energy crisis is to store gas in Ukraine. According to Bloomberg, European officials are now considering how to tap into the continent’s largest gas storage network when demand and prices spike this winter. Because the capacities in the... #energyEU #EUgasCrisis #GasstorageUkraine #UkraineGTS
Brussels calls on European banks to provide insurance guarantees for gas storage in Ukraine. According to Naftogaz, the company can offer EU companies the capacity to place up to 10 billion cubic meters of gas, with the possibility of increasing it to 15 billion cubic meters if Ukraine reclai... #gasstorage #GasstorageUkraine #MaroshŠefčovych #Naftogaz
Ukrtransgaz plans to invest UAH 16.6B in its development during 2023-2032. The operator of Ukrainian gas storage facilities, Ukrtransgaz, which is part of the Naftogaz group, has developed a gas storage development plan for 2023-2032. As part of the 10-year plan to build gas... #EnergyInvestments #GasstorageUkraine #Naftogaz #UkraineGTS #Ukrtransgaz
European traders are reserving capacity for gas storage due to a significant drop in prices. Dmytro Lippa, General Director of Ukraine GTS Operator, specified that interest from European traders in the Ukrainian gas infrastructure is growing due to the record seasonal spread. As a result, ser... #DmytroLippa #EUGasPurchase #GasstorageUkraine #UkrainianGTS
Ukraine can guarantee the transportation of 42 million cubic meters of gas per day from the EU and 300 million from Ukraine to Europe, the GTS Operator reported. The company’s GM, Dmytro Lippa, noted that EU gas storage facilities are filling up faster than last year, and most of them are already reserved until the end of 2023.... #DmytroLippa #GasstorageUkraine #GasTransit #UkraineEnergy #UkrainianGTS
Ukraine state company Ukrtransgaz will be certified according to the new EU rules. The national state energy regulator passed the final certification of Ukrtransgaz under European gas supply safety rules. Thus, the company became the second gas storage operator in Europe which has ... #GasstorageUkraine #Ukrtransgaz
Ukraine is ready to ensure the transit and storage of natural gas from the Caspian Sea to the EU, said Deputy Minister of Energy of Ukraine Mykola Kolisnyk during the Ninth ministerial meeting of the Consultative Council of the Southern Gas Corridor in Baku, Azerbaijan. During the event, the parti... #GasstorageUkraine #MykolaKolisnyk #UkrainianGTS
The EU opens the door to the underground gas storage market for Ukraine. Two decisions have been adopted in Ukraine, allowing Ukrtransgaz to enter the market of underground gas storage in the European Union. The Ukrainian Parliament has adopted draft law No. 8158, which fo... #GasstorageUkraine #Ukrtransgaz
New rules for the certification of gas storage operators will be introduced in Ukraine. The Ukrainian Parliament approved in the first reading the draft law No. 8158 on the certification of gas storage operators. The document stipulates that the National Commission will certify gas stora... #GasstorageUkraine #GasUkraine
Ukraine will have its European gas storage operator. Ukraine is preparing to certify Ukrtransgaz as a European gas storage operator. The first stage is the introduction of relevant changes to Ukraine’s legislation. This is already in the implementation ... #GasstorageUkraine #Naftogaz #Ukrtransgaz
Ukraine has created a new plan for developing gas storage facilities through 2031. The National Commission for State Regulation in the Energy Sector has approved the Gas Storage Development Plan for 2022-2031 with a total financing amount of UAH 14.4B ($500M), announced Naftogaz. It... #GasStorageDevelopment #GasStorageEU #GasstorageUkraine
Ukraine has sufficient gas stocks ahead of winter, reported Ukrtransgaz. As Ukraine approaches the heating season, there are sufficient gas stocks in its underground storage facilities to ensure a stable 2021-2022 heating season. “As of October 1, 202... #GasforHeatingSeason #GasForwinter2021 #GasStockUkraine #GasstorageUkraine
Ukrtransgaz pumps over 18 bcm of gas into underground storage facilities. About 4 billion cubic meters are currently stored in underground gas storage facilities in the “customs warehouse” mode. Ukrtransgaz expects that more than 19 billion cubic meters of natural gas will ... #GasstorageUkraine #Ukrtransgaz
With the start of Europe’s heating season 100 days away, gas stocks are expected to only reach 70% of the norm by mid-October. Last Sunday, Europe’s underground storage facilities were 48% full, well below the 64% average for July 4. Even though gas is being pumped into Ukraine’s storage fields at one third the level of this ... #GasstorageUkraine #HeatingSeason2021 #UndergroundStorageFacilities
