Sat. Sep 23rd, 2023
    Ukraine Achieves 14.7 Billion Cubic Meters of Natural Gas in Underground Storage

    The Ukrainian Energy Ministry has announced that as of September 19, 2023, Ukrainian underground gas storage facilities have been pumped with a total of 14.7 billion cubic meters of natural gas. This achievement fulfills the plan set by the Cabinet of Ministers of Ukraine to reach the forecast balance of gas in storage facilities for the upcoming heating season.

    Ukrainian Energy Minister German Galushchenko expressed his satisfaction with this result, stating that it is a significant contribution to Ukraine’s energy security. The accomplishment comes ahead of schedule, demonstrating the country’s efficiency in gas accumulation.

    Foreign traders also play a role in Ukraine’s gas storage facilities, currently holding more than 1.8 billion cubic meters of natural gas. The Ukrainian Energy Ministry aims to increase this volume to 3 billion cubic meters.

    These achievements are a testament to Ukraine’s high drilling pace and successful implementation of gas storage plans. The country has launched 54 new projects in 2023, further bolstering its capacity for gas storage.

    Keeping a substantial amount of natural gas in underground storage facilities is crucial for Ukraine, particularly during the heating season when energy demands are at their peak. It ensures that the country has an adequate supply of gas to meet domestic needs, reducing dependency on external sources and enhancing energy security.

    With the successful fulfillment of the gas accumulation plan, Ukraine is well-prepared to navigate the upcoming heating season with confidence, ensuring a stable and sufficient supply of energy for its citizens and industries.

    1. Cubic meter: A unit of measurement for volume, representing the amount of space occupied by a substance.
    2. Gas storage facilities: Underground structures where natural gas is stored for future use.

    – Ukrainian Energy Ministry