Trafigura Stored Gas in Ukraine to Export When Prices Rise
- Gas is stored in Ukraine’s underground storage caverns
- Trafigura say it has expanded in countries close to Ukraine
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Trafigura Group stored some natural gas in Ukraine’s underground sites to re-export back to Europe when prices rise.
“Trafigura was one of the few companies to inject gas into Ukraine storage,” the trading house said in its financial report published Friday. While Ukraine has said European traders have used its vast gas-storage sites this year, it has avoided naming the companies citing security reasons.