Poland’s successful experience in the gas market opens new opportunities for Ukraine

Sergiy Makogon, General Director of Gas TSO of Ukraine, has discussed with Piotr Naimski, Poland’s Government Commissioner for Strategic Energy Infrastructure, the opportunities for further cooperation, increase of capacity for gas supply to Ukraine and diversification of supply sources. In particular, this is the direction of Ukrainian gas market development that was supported in the joint statement of the Presidents of the USA and Ukraine.

The meeting was held within the framework of participation of Ukrainian delegation chaired by German Galushchenko, Minister of Energy of Ukraine, in the P-TECC business forum (Poland).

“Our Polish partners have achieved significant success in implementing a plan to phase out Russian gas and diversify gas sources. One LNG terminal has already been built and another two are being planned. The Baltic Pipe pipeline, which will allow receiving gas from Norway is at the final stage. The construction of the interconnectors with the Baltic States and Slovakia has also been completed. Poland’s successful experience opens new opportunities for Ukraine as well,” said Sergiy Makogon.

According to the Head of the GTSOU, Poland can store natural gas in Ukrainian UGS to balance the energy system during the peak loads.

In addition, the diversification of supply sources will contribute to the EU gas market demonopolization and, accordingly, the establishment of the real market price for the blue fuel in Europe.

Note: P-TECC initiative was founded to strengthen the cooperation between the USA and Central and Eastern European countries on energy security and transition to a coal-neutral economy.