Ukraine accelerates use of gas amid frosts: Stocks shrink by 3% over week

USFs were filled by 66% as of February 6, 2021.

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Natural gas stocks in Ukraine's underground storage facilities (USFs) shrank by 3%, to 20.55 billion cubic meters (bcm) within a week, January 30 through February 6.

As of February 6, 2021, gas reserves in the country's USFs were 23% higher year-over-year when they were 16.7 bcm, state-run LLC Gas Transmission System Operator of Ukraine (GTSOU) said.

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The USFs were filled by 66% as of February 6, 2021.

Background

  • Ukraine started pumping natural gas into its USFs on March 11, 2020, as the country's reserves stood 15.808 bcm.
  • On October 28, National Joint-Stock Company Naftogaz of Ukraine said it had stopped injecting gas into the underground storage facilities, having switched to pumping it out to cover the needs of the 2020-2021 heating season. Ukraine had accumulated over 28 bcm of gas as of the said date.
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