Trading of forward natural gas contracts in Ukraine may be launched in 2017

Trading of forward natural gas contracts in Ukraine may be launched in 2017 when a new network code is introduced, the CEO of the Ukrainian Gas Exchange Valentyn Kovbasyuk told ICIS.

The bourse aims to begin offering month-ahead and other forward contracts, although market participants have doubts over how much interest there will be to deal the new contracts.

ICIS takes a look at the importance of these new products in a market which is becoming increasingly liberalised, and which stands at a crucial point in the natural gas network, sandwiched between the EU and Russia. 

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