Head of Ukrainian GTS Operator Serhiy Makohon wrote on Facebook that for the next heating season it was necessary to pump 2-3 billion cubic meters of gas.
“With such transferring gas reserves, for the stable passage of the next heating season it will be necessary to pump an additional 2-3 billion m3”, he said.
He also drew attention to the fact that It had not been decided yet who would be involved in gas injection after the PSO cancellation:
“Who will create this gas reserve in the underground gas storage facilities? Now there are no legislative requirements for market participants to create gas reserves for the winter. Historically, it was created by Naftogaz, but will they create it after the abolition of PSO this year?”
In his opinion, it is urgent to amend the relevant resolution of the Cabinet of Ministers.
To recap, as of March 31, 2020, 15.9 billion cubic meters of gas were stored in Ukrainian underground gas storages (UGS). This is one of the highest levels of fullness of Ukrainian gas storages at the end of March over the past 10 years.
Tags: The Cabinet of Ministers, gas, DTEK, Naftogaz, contracts, Kobolyev, hydrocarbon production, tariffs, legislation, NEURC, EU, The Minystry of Energy and Coal Mining, Top management, Ukrtransgaz, energy market, Ukrgazvydobuvannya, UGSF, gas production, GTS, Gas processing plant, Зеленский, heating season, unbundling, PSO, Gas market, The Verkhovna Rada, law, draft law, GTS Operator, pipeline, gas supplies, volumes, Makohon, OGTSU, infrastructure, energy sector, gas extraction, natural gas, Shmyhal, gas supply
The Cabinet of Ministers signed a memorandum on the possibility of gas supplies from the USA
America prepares new sanctions against Nord Stream 2
Russia has completely stopped gas transit through the Yamal-Europe gas pipeline