US EditionUkraine Ready to Store Gas From Azerbaijan in Storage “without Taxes and Fees”
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On Tuesday, the European Parliament (EP) gave its final approval to a body of legislation with a clear objective: to halt the increasingly dangerous rise in gas prices, largely linked to speculation. The regulation, already agreed between Parliament and the Council, extended until 31 December 2027 the gas storage regime adopted in 2022. It was feared that the previous regulation, which set the expiry deadline at the end of 2025, was generating s…
This was announced by the Minister of Energy Herman Halushchenko. On the Azerbaijani side, the document was signed by his colleague Parviz Shahbazov.Read also: From friends to enemies: why relations between Russia and Azerbaijan are cracking and what benefits Ukraine. We explain"Ukraine offers its UGS (underground gas storage — ed.) for international gas storage. Our underground gas storage facilities are the largest in Europe and are available …
Gas storage facilities cover 30% of European Union consumption during the winter months. That is why it is important to supply them in view of winter. Europe's energy security has been and remains one of the main concerns of the institutions in recent years. This is especially in the light of its dependence on third countries for primary energy supply. Energy crisis, has run to gas: here are the new rules for storage (and to avoid excessive incr…
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