Ukraine Sees More Gas Traders Tapping Storages by September
- Naftogaz is in talks with more than 100 firms, CEO says
- Company officials visit Berlin for Ukraine Recovery Conference
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Ukraine expects more European companies to use its gas storage by September despite ongoing Russian attacks, according to the head of the nation’s biggest energy company.
“There might be a physical necessity of using Ukrainian storage” by that month, with European storage sites well stocked following a mild winter, Oleksiy Chernyshov, chief executive officer of state-run Naftogaz, said in an interview in Berlin. “Traders are able to take the risk,” he added, noting that the cost of storing gas on vessels at sea is relatively high.