In the first 11 months of 2020, the Ukrainian Energy Exchange sold 2.1 billion cubic meters of natural gas, which is 6 times more than in the first 11 months of last year. In total, in 2020, 235 trading sessions were held, at which 75 companies - initiators of bidding - offered natural gas for sale or purchase.

Due to many favorable factors in 2020, the popularity of trade in UGS resources increased, so, according to the results of 11 months, sales of this resource amounted to 298 million cubic meters against 33 million cubic meters in 2019.

Currently, more than 350 companies are represented on the UEEX in the Natural Gas area, including mining companies, traders, gas supply companies, large consumers, etc. In 2020, Naftogaz Trading strengthened and consolidated its position at UEEX. In general, among the total sales volumes on UEEX, the share of the company’s sales in 2020 was 36% against 32% in 2019.

In 2020, the daily balancing trading platform was launched and successfully operated. Thus, 33 companies have already been accredited in this area and more than 70 agreements have been concluded.

"The results of the exchange for 11 months show an increase in the activity of participants, in particular in the direction of "Natural Gas", which is a sign of the systemic development of the market. Recently, participants have the opportunity to make postpayments for the resource purchased from Naftogaz Trading by providing a bank guarantee, this option has quickly become in demand on the market. Today, UEEX, with the support of European partners, is moving towards the creation of a full-fledged gas hub in Ukraine,”- commented CEO of UEEX O. Kovalenko.