Levels are up about 38% over last year’s highest point, MVM noted.

MVM said the latest element in its reserves policy was a logistics contract with Gazprom Export. This allowed MVM to keep up to a further 700 million cubic metres of gas in the stores. About 135 million cubic metres of this gas has already been delivered.

Despite Russian-Ukrainian conflict, gas deliveries from Russia have not been interrupted, MVM also noted.