Business news from Ukraine

Business news from Ukraine

METALLURGICAL ENTERPRISES CUT GAS CONSUMPTION BY 10%

Consumption of natural gas by Ukrainian metallurgical enterprises in January-March 2019 fell by 10% compared January-March 2018, to 460 million cubic meters (mcm).
According to the information sheet of the Ukrmetallurgprom association, in March, the volume of gas consumed by metallurgists amounted to around 150 mcm, which is 3% more than the previous month.
In January, 2019, electricity consumption by metal enterprises amounted to about 2.92 billion kWh (96% compared to January-March 2018). In March, around 1 billion kWh of electricity was consumed, which is 10% more than in February.
As reported, the metal enterprises of Ukraine in 2018 reduced natural gas consumption by 4% compared with 2017, taking into account enterprises in the temporarily uncontrolled territory, but increased by 4% without these enterprises, to 1.840 billion cubic meters.
Electricity consumption by metal enterprises in 2018 amounted to 11.76 billion kWh (102% of the consumption in 2017 taking into account enterprises in the temporarily uncontrolled territory, and 106% without them.

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