Foreign traders have tripled their volumes of natural gas stored in western Ukraine
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Foreign traders have tripled their volumes of natural gas stored y-o-y in western Ukraine’s ‘Customs Warehouse’ reservoirs reports ubn.news.
Increasingly comfortable with the 2-year-old low duty regime, foreign traders now have about one third of their 2 billion cubic meters in the system as ‘short haul transportation.’
“We are confident that this trend will continue in the coming months,” says Serhiy Oleksienko, Ukrtransgaz [the pipeline unit of Naftogaz] general director. “The level of filling of European gas storage facilities is rapidly approaching the maximum…in Austria today it is almost 85%, Germany – 84%, Italy – 68%. In Ukraine, this figure is 58%.”
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