On October 15, 2026, the Ukrainian Energy Exchange (UEEX) held its first exchange auction for the sale of domestically produced natural gas for export, the exchange reported on its website.
“Ukrainian gas producers offered four lots totaling 135,706 MWh of natural gas, with delivery dates (gas days) ranging from October 26 to December 31, 2026,” the statement said.
As a result of the auction, 100% of the offered volume of natural gas was sold at a weighted average price of 69.01 EUR/MWh, excluding VAT.
Under the established mechanism, from March 1 to November 30, gas producers may sell up to 15% of the natural gas volume they delivered at entry points to Ukraine’s gas transmission system during the previous month for export purposes on a monthly basis.
Only non-resident companies may act as buyers at these specialized trading sessions.
As previously reported, in order to preserve domestic gas production and prevent its decline due to excess reserves, the Cabinet of Ministers of Ukraine adopted a decision on the temporary, controlled export of Ukrainian gas during the period from March 1 to November 30.
Under the decision, private gas production companies were granted the right to export up to 15% of their own monthly production. Proceeds from exports will be used to protect gas production enterprises from Russian attacks and to strengthen Ukraine’s defense capabilities.
As explained by the Ministry of Energy of Ukraine, given the current gas balance projections for 2026–2027, the implementation of this decision will not affect the ability to meet domestic market demand during the fall and winter months.
Currently, Ukraine’s underground storage facilities hold nearly 15.8 billion cubic meters of gas, which is 2.6 billion cubic meters above the minimum level and 1.2 billion cubic meters above the target forecast for natural gas.
Exports will take place from March 1 to November 30 of each calendar year. Natural gas exports will not take place from December 1 through February 28.
The decision also provides for mechanisms to promptly suspend exports in the event of a threat of a natural gas shortage or a crisis situation in the domestic market.
