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Ukraine eyes 14.6 bcm gas storage for next heating season

by admin April 9, 2026
April 9, 2026

Ukraine is aiming to accumulate 14.6 billion cubic metres (bcm) of natural gas in underground storage facilities ahead of the 2026–2027 heating season, according to Energy Minister Denys Shmyhal.

In a statement shared via Telegram on Thursday, Shmyhal described the 14.6 bcm target as the country’s base-case scenario, while identifying 13.2 bcm as the minimum critically required reserve level.

The minister’s remarks signal continued caution in Ukraine’s energy planning as the country navigates ongoing geopolitical and infrastructure challenges.

Baseline aligned with previous winter levels

Ukraine entered the previous heating season in October 2025 with approximately 13.2 bcm of gas in storage, indicating that the minimum requirement for the upcoming winter aligns closely with past levels.

However, Shmyhal did not disclose the current volume of gas in storage or provide specific figures regarding planned imports.

He warned that uncertainty remains high, stating, “It is clear that next winter will be just as challenging as this one.

Therefore, given the current situation, the forecast may be revised depending on the security situation.”

The statement underscores the fluid nature of Ukraine’s energy outlook, particularly in light of ongoing security risks.

Infrastructure planning and import routes under review

Shmyhal noted that Ukraine’s state-owned energy company Naftogaz, along with the Ukrainian Gas Transmission System Operator, is actively working to secure capacity for future gas imports.

Efforts are also underway to extend the operational validity of the so-called Vertical Gas Corridor, a key route that enables Ukraine to receive liquefied natural gas shipments from terminals located in Greece.

This infrastructure has become increasingly important as Ukraine seeks to diversify supply sources and ensure stability in its energy system.

Imports fluctuate amid shifting market conditions

Ukraine’s gas import strategy has evolved significantly in recent months. Following the intensified Russian attacks on domestic gas production infrastructure late last year.

The country was compelled to increase daily gas imports to approximately 24 million cubic metres (mcm).

However, imports have since declined sharply from April 1.

Analysts suggest that import levels are likely to remain subdued at least through April, with the potential for increased purchasing activity if European gas prices fall.

Global energy market dynamics, including the impact of the Iran war, have contributed to rising gas and oil prices, further complicating Ukraine’s procurement strategy.

Domestic production may reduce reliance on imports

According to analysts at Kyiv-based consultancy ExPro, Ukraine concluded the 2025–2026 heating season on March 10 with gas reserves of 9.5 bcm.

This level was reported to be 1.6 times higher than the reserves recorded a year earlier.

The analysts indicated that Ukraine may be able to secure sufficient gas supplies for the next heating season through domestic production alone, potentially avoiding the need for costly imports.

This estimate could provide some relief to Ukraine’s energy sector, which continues to operate under significant economic and geopolitical pressures.

The post Ukraine eyes 14.6 bcm gas storage for next heating season appeared first on Invezz

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