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Does Russia's missile attack affect Ukraine's underground gas storage system?

When Russia launched a major missile attack on a Ukrainian gas storage facility in April it inadvertently highlighted the resilience of Ukraine’s underground gas storage system, and bolstered claims by operator Ukrtransgaz that the war has little impact on its ability to inject and withdraw gas on behalf of domestic and international companies.

Why is Ukrtransgaz storing gas in Ukraine?

Storing gas in Ukraine offers European companies a hedge against future interferences to supply. In April 2023, Ukrtransgaz won certification as a European storage operator, allowing it to hold strategic gas reserves for EU member states.

Does Ukraine have a gas storage capacity?

With its domestic needs met, Ukraine has offered 10bn cubic metres of gas storage capacity to partners – roughly a third of its total volume. Storing gas in Ukraine offers European companies a hedge against future interferences to supply.

How many underground storage systems does Ukrtransgaz have?

Ukrtransgaz operates 12 underground storage systems, made up of 10 depleted gas fields and two aquifers. Even though two of those former gas fields are currently under Russian occupation in the Luhansk region, there is still enough capacity to meet European storage needs.

Is Ukrtransgaz a good alternative storage option?

Meanwhile, as summer and the injection season dawns, and with winter not too far away, Ukrtransgaz and its parent company Naftogaz Group continue to woo customers in Europe and beyond, marketing a competitively priced alternative storage option with extensive and secure storage facilities – far underground, and far from the theatre of war.