Economy 2022-06-15T06:20:14+03:00
Ukrainian news
Moldova Negotiating With Ukraine On Leasing Capacity Of Ukrainian USF

Moldova Negotiating With Ukraine On Leasing Capacity Of Ukrainian USF

gas, Moldova, underground gas storage facilities, USF, Nicu Popescu

Moldova is negotiating with Ukraine on the lease of capacity of Ukrainian underground gas storage facilities (USF).

Moldovan Foreign Minister Nicu Popescu said this during an interview with the Euractiv publication, Ukrainian News Agency reports.

"Negotiations are underway with Ukraine on the possible lease of a gas storage facility in Ukraine, in order to be connected through this storage to reverse gas supplies from Europe," he said.

Popescu also added that the current gas agreement between Moldova and Russia ends at the end of 2019.

As Ukrainian News Agency earlier reported, in June, the Ukrtransgaz company, the operator of the Ukrainian gas transport system, offered Moldova to create its own insurance supply of gas in Ukrainian USF.

Ukrtransgaz has a network of 38,550 kilometers of gas pipeline, an annual capacity of 287.7 billion cubic meters of gas at the entrance into the gas transmission system, and 178.5 billion cubic meters at the exit.

The Ukrainian gas transmission system consists of 72 compressor stations (with a capacity 5,544.3 MW) and 702 gas-pumping units.

Ukrtransgaz operates 12 underground gas storage facilities with a total capacity of 30.95 billion cubic meters.

The Naftogaz of Ukraine national energy company owns 100% of the shares in the Ukrtransgaz public joint-stock company.

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