Ukraine Cuts Gas Storage Rates To Encourage Domestic Buildup Ahead Of Winter

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Ukraine's state energy regulator has cut natural gas storage fees by 11% to encourage domestic gas injection ahead of winter. The country aims to store at least 14.6 billion cubic meters, leveraging its large underground storage capacity.

Ukraine's state energy regulator has cut storage fees for natural gas by 11% in a bid to accelerate domestic gas injection, with an option to further lower the rate if capacities are booked long-term for at least one year.  The discount creates favorable tariff structures to leverage Ukraine's massive storage capabilities. Ukraine has set a target to store at least 14.6 billion cubic meters (bcm) of gas, good for 34% of total capacity, before the 2026–2027 heating season. Ukraine is home to Europe's largest underground gas storage capacity,…