A meeting of the government and the European Commission was held in Kyiv on the eve of the Ukraine-EU summit. During the meeting, Minister of Energy German Galushchenko expressed hope for an increase in the volume of export-import operations, especially an increase in imports. He also noted the involvement of Ukraine in the REPowerEU initiative..

“We are interested in active participation in joint purchases of gas and the creation of a reserve amount of gas in our storage facilities,” Galushchenko was quoted on the Government Portal..

The Minister emphasized that Ukraine expects the effective continuation of the work of the high-level group on the integration of energy markets.

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He expressed gratitude to the European Commission and EU countries for supporting the Ukrainian energy sector.. In particular, the creation of the Energy Support Fund of Ukraine.

“I am sure that the Ukrainian energy sector will continue to play a significant role in the pan-European energy security,” the minister added..

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Recall that the head of the European Commission, Ursula von der Leyen, invited Kyiv to take part in the system of joint gas purchases..

According to her, the EU wants to better use the overall market power.

In the spring and summer of 2022, most European countries argued that it would take them years to phase out Russian gas, and Russia’s successive cuts in supplies during the traditional filling of gas storage facilities caused panic and record price increases at the European hub. How the Europeans managed to avoid the crisis, Alexander Kharchenko and Maria Yakub explain in the article "