Ukraine offers its gas storage facilities to Europe.

Tuesday, August 30, 2022
Ukraine offers its gas storage facilities to Europe.

The President of Ukraine, Volodymyr Zelenskyy, called on Europe to use Ukrainian gas storage facilities. According to the president, with Ukraine’s help, Europe will no longer have gas crises because Ukraine has a unique gas storage system near the border with the EU with a volume of more than 30 billion cubic meters. Currently, Ukraine has free storage for 15 billion cubic meters. Of this space, Ukraine needs 3 billion cubic meters for its own needs, but European countries could still require another 12 billion, the President noted. Zelenskyy also reminded Europe that Ukraine has large natural gas deposits, which Russia has infringed upon. “We invite investors, contractors, and service companies to Ukraine for gas extraction. Our fields can play the same stabilizing role for Europe as those in Norway,” Zelenskyy summarized.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Sweden will provide Ukraine with a $100M military and economic aid package.

Sweden will provide Ukraine with a $100M military and economic aid package.

Next post
Gas consumption in Ukraine will decrease by about 40%.

Gas consumption in Ukraine will decrease by about 40%.

Previous Main Topics