Categories: economy

For the first time Ukraine entered the TOP-20 gas hubs of Europe

European Association of gas traders for the first time included Ukraine in its rating.

For the first time Ukraine entered the top twenty gas hubs of Europe in the ranking of the European Association of gas traders (EFET), having occupied 18-e a place. On Wednesday, November 29, the press service of Naftogaz.

“EFET for the first time included Ukraine in its annual review of gas hubs. In the ranking of the Association of Ukraine has received 3.5 points and lost liquid hubs such as NBP, TTF, NCG, but ahead of Bulgaria and Romania, which initiated a process of liberalization of the gas market much earlier than our country”, – stated in the message.

It is noted that to improve positions in the ranking EFET Ukraine should establish tariffs on the domestic point of entry/exit from the GTS, to implement daily balancing, settlement of off-balance sheet activities and begin to use short-term standardised products on a trading platform within the framework of daily balancing.

“The adoption of the draft amendments to the code of the GTS, was developed by Ukrtransgaz and filed them in NKREKU, will help the Ukrainian hub to significantly improve their position and to rise in the next review EFET” – added to Naftogaz.


© 2017 – 2019, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

Much of Ukraine aid stolen – French party leader

A large part of Western aid to Kiev is being embezzled by Ukrainian officials, despite…

8 hours ago

Drone raid on Russian energy infrastructure repelled

Russia repelled a wave of attempted Ukrainian drones strikes on oil refineries and energy infrastructure…

17 hours ago

Blinken in Beijing: The US tried to turn China against Russia – but did it work?

Antony Blinken traveled to China this week to warn Beijing about sanctions for supplying military…

1 day ago

US created Ukraine conflict – Shoigu

The Ukraine conflict is Washington’s doing and the US is deliberately trying to prolong the…

1 day ago

Pentagon unveils targets for ATACMS missiles secretly shipped to Ukraine – NYT 

The US-supplied Army Tactical Missile Systems, known as ATACMS, will allow Ukrainian forces to target…

2 days ago

President admits hugging nukes

Belarusian President Alexander Lukashenko has revealed he once got up-close and personal with a “strategic…

2 days ago