Ukraine’s national energy company Naftogaz is holding talks with a German company over use of its underground gas storage facilities, Naftogaz Deputy Board Chairman Vadim Chuprun said on Tuesday.

“We are ready to offer Europe possible use of Ukrainian underground storage facilities for its gas. Some companies have displayed a very serious interest. Today we are holding negotiations with one of the German companies that has displayed interest and proposed its terms,” Chuprun said.

Ukraine possesses 13 gas storage facilities with total holding capacity of more than 31 billion cu m of gas.  


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