Ukraine and Poland plan to create an Eastern European gas hub — Ukraine
Ukrainian underground gas storages in combination with Polish LNG terminals can become the basis of a new business model.
Ukraine and Poland plan to create an Eastern European gas hub to provide the region with gas from alternative sources to Russia.
This was reported by the Ministry of Energy of Ukraine.
The agency said that Ukrainian underground gas storage facilities combined with Polish LNG terminals could form the basis of a new business model for supplying gas to the region instead of the traditional transit from Russia.
“The completion of the transit forms the beginning of competition for new routes and resources, including LNG, which actively increases the percentage in the overall balance of the EU. The integration of gas markets based on the existing infrastructure, the increase of available interstate capacity give impetus to the development of trade and the opportunity…
