Business news from Ukraine

UKRAINE ENTERS 2020 WITH 18.9 BCM OF GAS IN UNDERGROUND GAS STORAGE FACILITIES

3 January , 2020  

Ukraine from November 1 to December 31, 2019 reduced reserves of natural gas in underground gas storage facilities (UGS) by 13.1% (by 2.850 billion cubic meters), to 18.934 billion cubic meters (bcm), according to recent data from JSC Ukrtransgaz.
Gas taking from the UGS of Ukraine, in particular, on December 31 amounted to 47.41 million cubic meters with the imports being 15.14 million cubic meters and domestic production standing at 56.97 million cubic meters.
According to the calculations of the Interfax-Ukraine agency, the current volume exceeds the inventory on December 31, 2018 by 36.4%, December 31, 2017 by 28.9%, and December 31, 2016 by 57.9%.
In 2019, the total gas injection into the storage facilities exceeded its taking by 5.05 billion cubic meters, while in 2018 gas taking exceeded its injection by 820 million cubic meters.
As reported, over the past heating season, which lasted from November 6, 2018 to April 4, 2019, gas reserves in the UGS decreased by 8.450 billion cubic meters (from 17.195 billion cubic meters to 8.745 billion cubic meters).
Ukraine entered the 2019/2020 heating season starting on November 1 with the maximum reserves of 21.784 billion cubic meters over the last ten years.

,