Business news from Ukraine

Business news from Ukraine

GAS SUPPLIES TO UKRAINE GROW 11%

7 December , 2020  

Natural gas supplies to Ukraine grew 11% year-on-year in January-November 2020 to 15.6 billion cubic meters (bcm).
Gas Transmission System Operator of Ukraine (GTSOU) said 10.2 bcm of gas were received from Slovakia, up 12% year-on-year, 3.9 bcm from Hungary, up 10%, and 1.6 bcm, from Poland, up 12%.
Volumes of 3.1 bcm, 2.9 bcm and 1.1 bcm were imported from Slovakia, Hungary and Poland, respectively as virtual reverse flow or backhaul, which became available from the beginning of 2020.
According to GTSOU, 10.1 bcm of the gas imported since the beginning of the year were sent to underground gas storage facilities for storage in the customs warehouse mode, of which 6.1 bcm in the shorthaul mode with a preferential tariff for certain points, and 4 bcm in the border-customs warehouse mode. Active customs warehouse gas withdrawals and transportation to the EU began in November.
In general, 82 traders, 45 of them Ukrainian and 30 foreign, ordered gas transportation from the EU to Ukraine in January-November, and more than 50 customers used the shorthaul and customs warehouse services.

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