Energy Minister of Ukraine Herman Haluschenko called on Europe to use the free capacity of Ukrainian underground gas storages (UGS).
“Gas prices are at the lowest level in several months. A great opportunity to use Europe’s largest underground gas storage facilities with 15 billion cubic meters of free capacity. Additional gas volumes will be needed this winter,” he wrote on Twitter.
According to Gas Infrastructure Europe, as of October 24, gas reserves in the EU’s UGS facilities rose to 93.79%. The growth for the last reporting day amounted to 0.16 percentage points. In absolute terms, more than 100 billion cubic meters have been accumulated in UGS.
Also, LNG stocks in the tanks of receiving terminals increased to the maximum level in three years. European LNG terminals in October operate at around 61% capacity. In September and August – 59%.
