"To have time to take advantage of such conditions in the gas market, traders need to act promptly," it said. "With the return of the spread between summer and winter gas prices on European markets, the attractiveness of using Ukrainian gas infrastructure in the 2023/2024 season is increasing," it said.
"This, in turn, will become the basis for full integration with the European gas market," he said.Įarlier this month, grid operator GTSOU urged European traders to act "promptly" to make use of the country's storage capacity in order to take advantage of current gas market conditions. Kolisnyk added that security of supply and increased operational efficiency between gas exploration, production, transportation and storage would boost the competitiveness of the Ukrainian gas market. Last year, the energy ministry provided 69 electricity generators for UkrTransGaz facilities, he said. We must be ready for any scenario," Kolisnyk said. "We continue to provide alternative power sources to critical infrastructure facilities. One of the measures taken to boost security is the provision of alternative modes of operation and additional backup power sources in the event of a crisis situation. We are constantly strengthening the protection of our technological facilities," Malyutin said. "In the conditions of war, our priority remains the issue of security. Malyutin's comments come after a visit to one of the company's storage sites together with deputy energy minister Mykola Kolisnyk. "This year, UkrTransGaz is ready to inject more than 10 Bcm," he said. "We have already started injecting gas for non-resident customers," UkrTransGaz chief Roman Malyutin said. Ukraine has a total of some 31 Bcm of underground gas storage capacity but it remains underutilized, with sites filled with around 10.6 Bcm of gas as of June 27, according to S&P Global Commodity Insights data.
In a statement, UkrTransGaz also said its priority remained security and maintaining robust safeguards for its gas storage sites.ĮU gas storage sites are already 77% full, according to data from Gas Infrastructure Europe, and could top out well before the start of winter, bringing spare Ukrainian storage capacity into play. Receive daily email alerts, subscriber notes & personalize your experience.
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