KYIV, Dec 10 – Underground gas storage (UGS) facilities of Ukraine have large potential for commercially successful operation, Head of Naftogaz integrated gas business unit Andriy Favorov said.

"Definitely, there are all prerequisites for making this business successful," he said.

According to him, this service is in demand in the market. Independent European traders are already storing quite large volumes of gas in the Ukrainian UGS facilities that they pumped this summer.