EU wants to store its gas in Ukraine – Bloomberg ...News

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EU wants to store its gas in Ukraine – Bloomberg
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The bloc’s gas storage is nearing capacity, but gas companies are reportedly worried about conflict-related risks The European Union is considering storing some its natural gas in Ukraine, despite the risks associated with the ongoing military conflict in the country, Bloomberg reported on Monday, citing traders and officials. The bloc is now stockpiling fuel to prepare for the upcoming winter. Its own gas storage is already more than 70% full and according to various estimates is expected to hit its capacity by late August. Storing extra fuel in Ukraine could prevent a glut in the coming months, Bloomberg explain

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