Ukrainian gas stocks grow to 28.4 bcm over week

REUTERS

Natural gas stocks in Ukraine's underground storage facilities (USFs) grew by 0.5%, to 28.4 billion cubic meters (bcm) within a week, from October 10 to October 17.

As of October 17, 2020, gas reserves in the country's USFs increased by 33% from 21.3 bcm as of October 17, 2019, the state-run gas transport system operator Ukrtransgaz said.

Read alsoUkraine cuts electricity exports in monetary terms by 24.2% in Jan-SeptThe USFs were filled by 92% as of October 17, 2020.

Background

• Ukraine started the season of pumping natural gas into its USFs on March 11, when the country's gas reserves there were 15.808 bcm.
• By the start of the 2019-2020 heating season, Ukraine had accumulated 21.76 bcm of gas in its USFs, which was a record high figure in the past decade.