News
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Cold March: 2.2 bcm of gas was withdrawn from UGS in a month – 17 times more than last year
The Storage System Operator of Ukraine is preparing for the gas extraction season's end. During March 2021, 2.2 bcm of gas was withdrawn from underground storage facilities, which is 17 times higher than the withdrawal of the same period last year. The level of UGS filling in March remains the highest in 10 years and slightly exceeds last year's figure – by 1%. At the time of entry into the current withdrawal season, the corresponding difference was 30%. -
Presenting the service of exchange trading of gas, stored in UGS
The Storage System Operator of Ukraine and the Ukrainian Energy Exchange have presented a new business opportunity for gas market participants - the service of exchange trading of gas, stored in Ukrainian underground storage facilities. Currently, the exchange trade of natural gas in UGS through the purchase and sale of short-term standardized products is available to companies, that work with customs-cleared gas. But we are working on expanding the functionality and in the near future operations can be carried out with gas stored in the mode of "customs warehouse" and "customs warehouse + short-haul". -
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Frosty February: almost 3 bcm of gas were taken from Ukrainian UGS. This is 2.5 times more than last year
The Storage System Operator of Ukraine begins the spring of 2021 with record gas reserves in the underground storage facilities. As of March 1, more than 18* bcm of gas are stored in gas storage facilities - the highest level of filling for the past ten years. -
The SSO of Ukraine introduces the exchange trading of gas in UGS
The Storage System Operator of Ukraine and the Ukrainian Energy Exchange have signed an agreement on cooperation, which provides customers of storage services (injection, withdrawal) of natural gas with standardized products for exchange trade in natural gas, stored in UGSFs of Ukraine. The new functionality will allow companies to speed up and optimize gas trading operations, increase their reliability, and help to improve the final result of bidding by attracting a wider range of participants. -
In January 2021, 2.6 bcm of gas withdrawn from Ukrainian UGS – a third more than last year
The Storage System Operator of Ukraine has ended January 2021 with the highest gas reserves for the last 10 years. As on February 1, 20.9* bcm of gas were stored in underground storage facilities. At the same time, the volumes of gas withdrawal from domestic UGS' in January 2021 exceeded indicators for the same period last year by 33%, reaching 2.6 bcm. -
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In October, the filling level of Ukrainian UGS reached 28.3 bcm, which will be a stabilizing factor in the heating season
The Storage System Operator of Ukraine completed the injection season on October 20, 2020. Ukraine’s UGS has a record gas reserve for the last 10 years – 28.3 bcm*. Gas storages are now successively completing the neutral period and moving to the withdrawal mode. -