Moldova exports gas to Ukraine for storage injections
According to ICIS, The Republic of Moldova has started exporting gas to Ukraine for the first time on October 1, following an auction of border capacity on an open platform. A total of 1.6 million cubic meters was exported to Ukraine on Thursday via the Grebenyky junction on the Moldovan-Ukrainian border. A company is thought to have reserved its monthly import capacity at the border through the RBP regional auction platform. The gas will be injected into Ukrainian storage facilities.
A source close to the matter told ICIS that Moldova plans to inject 100 mm into Ukrainian warehouses in October and November and harvest its volume in January.
Exit capacity is provided by the Ukrainian transmission system operator GTSO.
The GTSO now offers capabilities at all borders covered by association agreements, including agreements with Russia.
This was the first time that volume was exported from Moldova to Ukraine on the Trans-Balkan line.
Traditionally, gas was exported from Russia to southeastern Europe via Ukraine and Moldova.
However, with the end of the long-term transit agreement between Ukraine and Russia and the change in the volume of Russian gas from the Trans-Balkan line to the newly launched TurkStream corridor, flows can now occur bilaterally and create trade opportunities between countries. They create along the way.
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Last updated in: August 10th, 2023