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HomeUkraine’s energy futureGAZ-SYSTEM offers firm capacity for gas exports to Ukraine

GAZ-SYSTEM offers firm capacity for gas exports to Ukraine

The Gas Transmission System Operator of Ukraine (GTSOUA) and the Polish TSO GAZ-SYSTEM agreed to introduce firm capacity for gas imports from 6 March 2022. It allows the physical imports from Poland, including from the Liquified Natural Gas (LNG) terminal, on a guaranteed basis and thus contributes to the security of gas supplies for Ukraine.

Over the past three months, GTSOU international partners have taken essential steps in cooperation to enhance the security of supply. Now Ukrainian market participants will receive gas from three directions: Poland, Hungary and Slovakia. At the auctions for capacity distribution in the Polish-Ukrainian direction, short-term products during the day and for the day ahead will be offered, which were not contracted by previously available longer products (annual, quarterly, monthly capacity).

“In recent months, Gas TSO of Ukraine has worked hard to create routes for gas imports to guarantee the necessary gas resources for Ukraine in any scenario,” commented Sergiy Makogon, CEO of the GTSOU. “Today, this is a critical issue for the country’s survival. I am grateful to our colleagues – European TSOs for their important contribution to strengthening Ukraine’s energy security. On the energy front, we continue taking every effort to ensure uninterrupted gas supply to Ukrainian consumers.”

For comparison, on average, Ukraine consumes 100-120 million cubic metres (mcm) of gas per day. Over the past three months, GTSOU has concluded agreements with the related TSOs, which have increased capacity for gas imports to more than 50 mcm per day, which is about half of the country’s natural gas needs.

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