EU could cache gas in Ukraine

The EU is considering placing gas reserves in storage in Ukraine as gas inventories across the bloc reach 814 terawatt-hours (TWh) or 72% of the bloc’s gas storage capacity


Apr 2023: Naftogaz Group’s Ukrtransgaz completes certification under EU gas storage regulations

2023 EU peak: 1,102TWh to 1,412TWh, but only 1,040TWh storage available

Bilche-Volytsko-Uherske: Facility is less than 100km from EU border


POLAND
Bilche-Volytsko-Uherske gas storage facility
Kyiv
MOLDOVA 
ROMANIA
UKRAINE
Crimea Annexed in 2014
RUSSIA
200km 125 miles

Storage facilities
Russian occupied


EU's underground gas storage capacity (Jun 11, 2023)

Gas in storage (Proportion used, TWh)
Storage available

22.73%	22.59%	27.88%		21.86%	43.86%	40.65%	22.37%
77.27%	77.41%	72.12%		78.14%	56.14%	59.35%	77.63%
193.82	151.11	102.73		75.76	74.03	40.18	176.63
Germany	Italy	Netherlands	Austria	France	Hungary	Rest of EU

78% of EU's gas storage lies in just six countries

EU total gas in storage
72.27%
814.26 TWh

Ukraine storage offer
100 TWh


Sources: Bloomberg, Gas Infrastructure Europe, Naftogaz, Reuters
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