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
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
