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Ukraine to Start Gas Buying For Own Needs From March

NATURAL GAS

Ukraine’s GTSOU is planning to start purchasing natural as for its own needs both on the Ukrainian Energy Exchange and the Ukrainian electronic tender system Prozorro starting in March, with volumes above those seen in 2023, GTSOU’s commercial director Vadym Rybachuk said.

  • "GTSOU plans to be permanently present on the gas procurement market in 2024 to buy the resource for its own needs systematically, every month," Rybachuk said.
  • "We want to expand the range of suppliers and attract producers as well as resident and non-resident traders," Rybachuk said.
  • Last year, GTSOU bought more than 200mcm for own needs at the exchange.

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