Europe’s energy industry, intent on avoiding gas shortages during the coming winter, has resorted to shipping large volumes of the fuel into Ukrainian storage, despite the Russian invasion.
As the ongoing war and continued sanctions force the EU to wean itself off Russian gas, traders have spotted an unusual opportunity presented by Ukraine’s ample storage capacity.
Naftogaz, the country’s energy company, said the number of non-Ukrainian companies injecting gas into the country reached 19 this year, up from four in 2021.
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