Gazprom may use Europe’s gas reservoirs to deliver more gas in winter

May 13, 2014

Russia’s gas giant Gazprom may use capacities of Europe’s underground gas storages (UGS) for additional guarantees of stable gas supplies to European consumers in winter period, President of the Russian Gas Society Pavel Zavalny told a news conference on May 12, ITAR-TASS has said.

“Currently, only half of the European UGSs are used in full. Therefore, their capacities allow loading additionally at lease 40-45 billion cubic meters of gas,” he said.

“In the case of insufficient for transit gas amounts in Ukraine’s UGSs, we have a possibility to load gas into UGS located in other states,” Russian Deputy Energy Minister Anatoly Yanovsky explained, adding, “We have the Yamal-Europe and Nord Stream gas pipelines. For instance the Nord Stream makes it possible to raise its throughput capacity by at least 15 billion cubic metres, which is comparable with Ukraine’s UGSs.”

Copyright: ITAR-TASS, 2014