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Naftogaz Seeks to Double EU Traders’ Gas Storage

NATURAL GAS

Ukraine’s Naftogaz is seeking to at least double the amount of natural gas it stores for international traders by the 2024/25 winter period in order to boost domestic production, Naftogaz CEO Oleksiy Chernyshov said, cited by Bloomberg.

  • “We have motivated major players to come back and to store 2.5 billion cubic meters, which is quite a serious figure, and we would work on doubling it for the next winter,” Chernyshov said.
  • Chernyshov added the country is in talks with RWE and Equinor for possible storage deals.

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