---
title: "29 Companies Export 54.5 Million Cubic Meters of Gas: First Month of New Mechanism Shows Results"
description: "In October 2026, 29 private gas producing companies exported 54.5 million cubic meters of gas worth 45.6 million euros via the Ukrainian Energy Exchange. The weighted average price was 78.63 euros/MWh — 2.1 times higher than the domestic market."
date: 2026-11-02T15:58:04.117Z
lang: en
url: https://xab.info/en/posts/gas-export-ukraine-29-companies-54-5-mln-cubm-october-2026
tags: [ukraine-gas-export, gas-market, ukrainian-energy-exchange, private-gas-producers, energy-policy, gas-storage]
author: "Darya Fomina"
publisher: "XAB.info"
---

# 29 Companies Export 54.5 Million Cubic Meters of Gas: First Month of New Mechanism Shows Results

![A worker in a hard hat adjusts gas equipment near a large pressure gauge at an industrial facility](https://xab.info/media/2026/11/02/eksport-gaza-ukraina-29-kompaniy-54-5-mln-kub-m-oktyabr-2026/eksport-gaza-ukraina-29-kompaniy-54-5-mln-kub-m-oktyabr-2026-1.webp)

## Key Points

- In October 2026, 29 private gas producers exported 54.5 million cubic meters of gas worth 45.6 million euros excluding VAT
- The weighted average export price was 78.63 euros/MWh, which is 2.1 times higher than the domestic market but lower than European quotes
- ESCO-Pivnich and DTEK groups jointly accounted for nearly 53% of export volumes; buyers included Moldova's Energocom
- The next round of export auctions is expected in the second half of November with a potential volume of about 55 million cubic meters
- By early November, Ukraine's gas storage reserves may exceed 15 billion cubic meters, enough for the heating season

In October 2026, the new Ukrainian gas export mechanism launched for private producing companies demonstrated full operability. According to calculations by ExPro based on specialized trading on the Ukrainian Energy Exchange, 29 private gas production companies took the opportunity to sell part of their own resource abroad. The total volume of gas sold for export reached 54.5 million cubic meters, and the total value of concluded transactions reached 45.6 million euros excluding VAT. Thus, already in the first month of the mechanism's operation, dozens of companies effectively entered the foreign market, confirming the demand for the tool both for the production sector and for state interests.

### Price Parameters: Exports 2.1 Times More Expensive Than the Domestic Market

Price dynamics became a key indicator of the new mechanism's effectiveness. The weighted average sales price of Ukrainian gas at export auctions was 78.63 euros per megawatt-hour excluding VAT. According to ExPro, this figure is 2.1 times higher than gas prices on the domestic Ukrainian market while remaining slightly below average European quotations. For production companies operating amid increased operating costs and the need to modernize infrastructure, such a price premium means a significant improvement in project economics and the opportunity to direct additional funds to the development of production.

### Largest Players: ESCO-Pivnich and DTEK Account for Over Half of Exports

The structure of sales at export auctions showed a concentration of volumes among the largest market players. The ESCO-Pivnich and DTEK groups jointly sold nearly 53% of all gas put up for export, making them the dominant sellers in the first round of bidding. Other private production companies entered the top five largest exporters, but their combined share was significantly lower than the two leaders. Foreign companies acted as buyers of Ukrainian gas on the exchange: in particular, the Moldovan state energy company Energocom acquired 2 million cubic meters of the resource, indicating the formation of steady demand from neighboring markets.

### Prospects: Next Round of Bidding and Storage Inventories

The next round of export auctions is scheduled for the second half of November 2026. According to market participants, private producers could potentially put up for auction about another 55 million cubic meters of gas, which is comparable to the volume of the first round. At the same time, according to government estimates, by the beginning of November, Ukraine will accumulate more than 15 billion cubic meters of gas in underground storage facilities—a volume that, according to authorities' calculations, is sufficient to get through the heating season without a deficit. This creates prerequisites for the export mechanism to function in the mode of regular trading without affecting the country's internal energy balance.

### Context: Why the Mechanism Was Launched Right Now

Permission for partial gas export was introduced against the backdrop of a resource surplus in the commercial segment: private companies began producing more gas than they could sell on the domestic market. The Association of Gas Producing Companies of Ukraine emphasized that controlled export will bring the state additional foreign exchange earnings and increased tax revenues, including rent and profit tax. For producers themselves, export revenues will become a source of financing for infrastructure restoration after Russian attacks, facility protection, and new drilling. Association Executive Director Artem Petrenko previously noted that partial export creates an additional channel of budget inflows without reducing the availability of gas for domestic consumers.

## Fact-Check & Sources

- [Экспорт газа заработал для десятков компаний: ExPro привел статистику за октябрь](https://www.rbc.ua/ukr/news/eksport-gazu-zapratsyuvav-desyatkiv-kompaniy-1793634338.html) - All key figures (54.5 million cubic meters, 45.6 million euros, 78.63 euros/MWh, 29 companies, shares of ESCO-Pivnich and DTEK, 2 million cubic meters for Energocom, 55 million cubic meters for the next round, 15 billion cubic meters in storage) correspond to the source text. Quotes from ExPro and Artem Petrenko are conveyed in accordance with the original.

## FAQ

### How much gas was exported in October 2026?

According to ExPro, 29 private gas producers sold 54.5 million cubic meters of gas for export via the Ukrainian Energy Exchange. The total value of transactions was 45.6 million euros excluding VAT.

### What price was set at the export auctions?

The weighted average sales price reached 78.63 euros per megawatt-hour excluding VAT. This is 2.1 times higher than prices on the domestic Ukrainian market, but slightly lower than average European quotations.

### Who became the largest buyer of Ukrainian gas for export?

Foreign companies were among the buyers. In particular, the Moldovan state energy company Energocom purchased 2 million cubic meters of Ukrainian gas.

### When will the next round of export auctions take place?

The next round of export auctions is expected in the second half of November 2026. Private producers could potentially put up for auction about another 55 million cubic meters of gas.

### Why was Ukraine allowed to export gas?

The mechanism was introduced amid a gas surplus in the commercial segment: private companies produced more resource than they could sell inside the country. Exports provide additional foreign exchange earnings for the state and funds for restoration and new drilling for producers.