Business news from Ukraine

Business news from Ukraine

UKRAINE INCREASES GAS RESERVES IN UNDERGROUND STORAGE

16 July , 2019  

Ukraine from April 4 to July 13, 2019, increased its natural gas reserves in underground storage facilities (USF) by 66%, or 5.768 billion cubic meters (bcm), to 14.514 bcm, according to JSC Ukrtransgaz.
According to the calculations of the Interfax-Ukraine agency, this volume exceeds the stocks reported on July 13, 2018, by 22.2% and on July 13, 2017, by 18.9%.
The country’s gas reserves on July 1-13 increased by 969.38 million cubic meters (mcm), which was 74.6 mcm daily on the average, whereas it was 71.9 mcm per day in June, 62.9 mcm per day in May.
Ukraine’s gas reserves in the USFs on July 13, 2019, increased by 69.62 million cubic meters (mcm) when imports totaled 61.93 mcm and domestic production was 54.83 mcm.

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