Business news from Ukraine

Business news from Ukraine

UKRAINE RESUMED GAS RE-EXPORT

5 April , 2022  

The Ministry of Energy has resumed the re-export of natural gas from Ukraine by amending order No. 99 dated March 3, 2022, by which re-export was previously stopped due to Russian aggression, Ukrtransgaz JSC, the operator of gas storage facilities in Ukraine, said on Tuesday.
“The changes apply to gas that will be imported into Ukraine from April 3, 2022 for further storage in underground gas storages in the “customs warehouse” mode, including transportation at a special short-haul rate,” the company informed.
At the same time, as Ukrtransgaz explained, gas imported into Ukraine before April 3, 2022 is still subject to a ban on re-export, but it can be cleared through customs and sold in the country.
“We welcome the decision to resume the re-export of natural gas from Ukraine. The restoration of re-export operations is an important signal for our foreign customers of services, who currently operate in 27 countries. We hope that in the new gas injection season they will consider Ukrainian gas storage facilities as a platform for storing natural gas.” – said Serhiy Pereloma, Acting General Director of Ukrtransgaz.

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