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Kiev Could Pump 2Bln Cubic Meters of Russian Gas in Storage Facilities by Winter

Sputnik International

Ukraine could pump a total of two billion cubic meters of natural gas into its underground gas storage facilities (UGSF) by winter, if Kiev purchases... 03.09.2016, Sputnik International

2016-09-03T06:40+0000

2016-09-03T06:44+0000

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Kiev Could Pump 2Bln Cubic Meters of Russian Gas in Storage Facilities by Winter

06:40 GMT 03.09.2016 (Updated: 06:44 GMT 03.09.2016)

A picture shows a compressor station of Ukraine's Naftogaz national oil and gas company near the northeastern Ukrainian city of Kharkiv on August 5, 2014. - Sputnik International

Ukraine could pump a total of two billion cubic meters of natural gas into its underground gas storage facilities (UGSF) by winter, if Kiev purchases additional gas volumes in September or in October, Russian Energy Minister Alexander Novak said Saturday. This is important for securing Russian gas transit to Europe.

VLADIVOSTOK (Russia), (Sputnik) — On Friday, Novak said that Ukraine should purchase at least 2-3 billion cubic meters of natural gas and pump it into its underground gas storage facilities to minimize risks for Russian gas transit via its territory.

"If they buy additional gas in September or October, then they could be in time if they have sufficient financial resources," Novak told reporters, answering a question about Kiev's possibility to pump 2 billion cubic meters of natural gas before winter.