25 Oct, 23

Ukraine Could Allow Foreign Traders To Use Half Of Its Natural Gas Storage

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Ukraine is ready to allow non-resident traders to use up to half of its natural gas storage capacity, the country’s Prime Minister Denys Shmyhal told national television on Wednesday. Ukraine has 30 billion cubic meters (bcm) of underground storage capacity. As much as 12 to 15 bcm of this capacity could be allowed to be used by foreign traders to store gas, according to the prime minister. In April this year, Oleksiy Chernyshov, chief executive of Ukrainian state oil and gas firm Naftogaz, told EURACTIV that “Right now, we are able…

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