Ukraine will earn on gas storage from the EU

Украина будет зарабатывать на хранении газа из ЕС

Signed agreement with three companies to test deliveries of gas are expected in December.

The company Ukrtransgaz signed agreements on transportation and storage of natural gas in Ukrainian underground storage (UGS) with German TrailStone Energy LLC and Swiss-based DufEnergy Trading SA.

“Ukraine opened up its gas market to European suppliers, today signed three agreement for the transportation and storage of natural gas in Ukrainian storage facilities”, – stated in the message of Ukrtransgaz.

The press service reminded that TrailStone, DufEnergy and French Engie with which a similar agreement was signed in October, until recently, to sell gas to Ukrainian traders on the frontier.

“We are actively working to attract European traders in the Ukrainian gas market. Test expected delivery in December”, – said the President of Ukrtransgaz Igor Prokopiv.

Thanks to the signing of the agreements, the company will be able to supply gas to Ukraine with the possibility of further direct sales to domestic traders and consumers.

We will remind, Ukrtransgaz operates a system of trunk pipelines and 12 underground gas storages with a total capacity of 31 billion cubic meters.

As reported Корреспондент.netpreviously was named European price of gas for Ukraine.So, Naftogaz bought natural gas from European suppliers in the third quarter of this year at an average price of $187 for 1 thousand cubic meters compared to $191 in the first quarter and $224 in the fourth quarter of last year.