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Natural gas prices unlikely to increase due to massive reserves: Naftogaz
Journal Staff Report

KYIV, Aug 7 – Natural gas prices for households are not likely to increase this season due to massive underground gas reserves, Head of Naftogaz Ukrainy gas supplying company LLC Maksym Rabinovych said.

"The underground gas storage facilities currently have about 22 billion cubic meters of gas. European underground gas storages (UGS) are filled by more than 86%, and in some countries already more than 90%. The price will not be super-high if there is a lot of gas in the market. But the price will change," he wrote on his Facebook page.




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