Ukrainian Natural Gas Stockpiles Jump as Winter Prices Soar
- Injection rate in Ukraine is 60% higher than last year
- Traders prepare for potential disruptions of Russian gas
Photographer: Vincent Mundy/Bloomberg
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Ukrainian natural gas storage facilities are filling fast as the profit from buying fuel in the summer to sell in the winter soars on the prospect of supply disruptions.
The average injection rate at Ukrainian underground storage sites has climbed to 80 million cubic meters per day, or 60% higher than the same period last year, according to Sergiy Makogon, head of strategy and business development at Ukrtransgaz, Ukraine’s gas transmission operator.