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Naftogaz promotes gas storage and production cooperation

The head of Ukraine’s state-owned Naftogaz Group, Oleksiy Chernyshov is promoting Ukraine’s competitive underground gas storage facilities and production cooperation opportunities for Europe, during a two-day trip to Brussels (27-29 March).

“Our goal is to strengthen cooperation with our European partners, including storing European gas reserves in Ukrainian underground gas storage facilities and launching joint gas production projects in Ukraine,” Mr Chernyshov said.

During the ongoing visit to Brussels, Mr Chernyshov has met with senior EU officials including Maroš Šefčovič, Vice-President of the European Commission for Interinstitutional Relations, Kadri Simson, European Commissioner for Energy, and Oliver Varhelyi, European Commissioner for Neighbourhood and Enlargement.

As confirmed via the Naftogaz CEO’s Twitter page, Energy Commissioner Simson’s team will work on “guarantees for EU companies to store gas in Ukraine.”

The CEO of Naftogaz has also met with James Watson, Secretary General of the European gas industry association, Eurogas. According to Mr Chernyshov, Mr Watson is on the ‘same page’ regarding the need for Ukraine’s underground gas storage facilities to become a component of the EU’s Joint Gas Purchasing Platform.

Earlier this month, Mr Chernyshov asked the Energy Community Secretariat to assist Naftogaz in promoting Ukrainian UGS facilities among European stakeholders.

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