Ukraine`s natural gas reserves in its underground storage facilities amounting to 8.217 billion cubic meters are the largest in Europe, as of March 5, 2017, the press service of the national oil and gas holding, Naftogaz of Ukraine, wrote on Facebook.
”As of early spring, our underground gas storage facilities have the most substantial reserves throughout Europe,” the report said.
In particular, as of March 5, 2017, stocks on natural gas in Ukraine`s underground storage facilities amounted to 8.216 billion cubic meters, while Germany piled up 6.338 bcm, Italy stored 7.572 bcm, and France – just 3,124 bcm.
”This is another indication that we were prepared for a colder winter and frosty March. This is another heating season we are completing without [gas] purchases from Gazprom (a total of 468 days so far),” the report said.
Earlier, the Ukrainian government in September 2016 approved a schedule for preparations for the heating season in Ukraine. It also determined the volume of fuel reserves to provide heat and electricity to consumers. In particular, gas reserves in the underground storage facilities should not be less than 17 bcm.
At the same time, gas reserves of 14.5 bcm are sufficient for the smooth heating season, according to NJSC Naftogaz of Ukraine`s estimates.
Ukraine began the 2016-2017 heating season with gas reserves amounting to 14.7 bcm.