Published: 16:17, December 20, 2024
Ukraine plans to create joint gas hub with Poland
By Xinhua
Ukrainian President Volodymyr Zelensky talks during his meeting with the Chairman of the German Christian Democratic Party (CDU) Friedrich Merz in Kyiv, Ukraine, Dec 9, 2024. (PHOTO / AP).

KYIV - Ukraine is working to create a joint gas hub with Poland to compensate for the loss of the Russian gas transit, the Interfax-Ukraine news agency reported Thursday, citing Deputy Energy Minister Mykola Kolisnyk.

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"The end of transit marks the beginning of competition among new routes and resources, including liquefied natural gas (LNG), which is actively increasing its share in the EU's overall energy mix," Kolisnyk said.

The proposed Eastern European gas hub would leverage Ukraine's storage facilities and Poland's LNG terminals to store and supply gas for consumers in Europe, he added.

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Ukraine used to be a key transit route for Russian gas supplies to Europe.

Earlier in the day, Ukrainian President Volodymyr Zelensky reaffirmed that Kyiv will not extend its five-year gas transportation deal with Russia, which expires on Dec 31.