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Ukraine considers exporting its own gas to Europe

Source : 112 Ukraine

According to Ukrtransgaz JSC, there is enough gas in Ukrainian underground gas storage facilities for such activities
16:31, 5 October 2020

Open source

Ukraine may start its own gas exports to Europe. This was reported by the press service of Ukrtransgaz JSC.

Ukrainian underground gas storage facilities have enough reserves for the heating season and exports.

"We do not rule out that Ukraine will start its own gas exports to EU countries in case of a favorable situation on the European market. Domestic underground storage facilities today have enough reserves not only to provide heat to Ukrainian citizens but also to receive additional income from gas sales abroad," reads the message.

Related: How crisis hit Russian oil and gas industry?

As we reported earlier, Polish PGNiG Company will hold the first supplies of natural gas for the Gas Transmission System Operator of Ukraine.

According to the terms of tended, the gas will be supplied from October 1, 2020, until May 1, 2021. The fuel will be used for the technical needs of the Ukrainian Gas Transmission System Operator. It will be the first supplies of natural gas by PGNiG Company.

Since mid-2016, PGNiG exported to Ukraine over three billion cubic meters of natural gas. Only in the first half of 2020, the volume of the gas export made 0.9 billion cubic meters and it shows growth by 190% annually.

Related: US company wants to supply liquefied gas to Ukraine: 5.5 billion cubic meters annually for 20 years

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