Ukraine offers one third of its gas storage to Europe for next winter — portal

  MOSCOW:  Ukraine offered up to 10 billion cubic meters of its gas storage facilities to European countries, the Brussels-based Euractive p...

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MOSCOW:  Ukraine offered up to 10 billion cubic meters of its gas storage facilities to European countries, the Brussels-based Euractive portal reported on Wednesday, citing Alexey Chernyshev, Chairman of the Board of Naftogaz of Ukraine.

"We want to offer our storages to Europeans <…>. "Right now, we are able to provide up to 10 bcm of storage," Chernyshov said as quoted by the publication.

According to the portal, he made such an offer during a discussion between representatives of Ukraine and the EU on the results of the first heating season in Europe without full-fledged supplies of Russian gas.

Chernyshev also said that Ukraine has the largest gas storage facilities in Europe, with a total volume of about 31 billion cubic meters. This, according to him, is more than enough for domestic consumption. "I can guarantee that I can rent this empty space to European countries that can store gas in Ukraine. And when they need it, they can get it back to Europe," said the head of the company.

-News Feed