Ukraine Conflict Forces Eastern States to Stockpile Gas

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Eastern European nations from Poland to Serbia are boosting stockpiles of natural gas after Russia reducedBloomberg Terminal deliveries during the armed conflict in eastern Ukraine and concerns rose about a winter shutoff.

Underground storage in the Czech Republic and Poland is at full capacity, while Slovakia expects to top up its storage facilities in the next several days, the countries’ gas companies said. Serbia, whose sole depot has a capacity of 450 million cubic meters, may ask neighboring Hungary to store as much as 200 million cubic meters of gas in its reservoirs, according to Energy Minister Aleksandar Antic.