Underground Gas Storage Facilities in Ukraine: Current State and Future Prospects

Natalia Iwaszczuk (), Ivanna Zapukhliak, Aleksander Iwaszczuk, Oleh Dzoba and Oleksandra Romashko
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Natalia Iwaszczuk: Faculty of Management, AGH University of Science and Technology, Mickiewicz Av. 30, 30-059 Krakow, Poland
Ivanna Zapukhliak: Department of Management and Administration, Ivano-Frankivsk National Technical University of Oil and Gas, Karpatska Str. 15, 76019 Ivano-Frankivsk, Ukraine
Aleksander Iwaszczuk: College of Social Sciences, Cracow University of Technology, Warszawska Str. 24, 31-155 Krakow, Poland
Oleh Dzoba: Department of Entrepreneurship and Marketing, Ivano-Frankivsk National Technical University of Oil and Gas, Karpatska Str. 15, 76019 Ivano-Frankivsk, Ukraine
Oleksandra Romashko: Department of Finance, Ivano-Frankivsk National Technical University of Oil and Gas, Karpatska Str. 15, 76019 Ivano-Frankivsk, Ukraine

Energies, 2022, vol. 15, issue 18, 1-34

Abstract: The article considers the system of underground gas storage in Ukraine, the history of its development, the characteristics of regional gas storage complexes, and the current state and role of the gas group enterprises in the domestic gas market. The study also proves the significant role of Ukrainian UGS facilities in ensuring the energy security of Europe. However, their position in the European gas market depends significantly not only on the demand for gas storage services from foreign companies but also on the awareness at the state level of the importance of collective energy security manifested in energy policy regulations. To process forecasts for the development of the European gas market, an assessment of the environment of the gas storage operator of Ukraine was carried out using PESTEL and SWOT analysis. As a result, pessimistic, realistic, and optimistic scenarios for using underground gas storage facilities in Ukraine have been formed.

Keywords: underground gas storage (UGS); gas transmission system (GTS); gas storage operator; SWOT analysis; PESTEL analysis; scenario analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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