Business news from Ukraine


5 February , 2018  

Ukraine raised gas production 3.1% year-on-year in January, to 1.774 billion cubic meters (bcm), pipeline operator Ukrtransgaz has said. According to Interfax-Ukraine’s calculations, gas production by PJSC Ukrgazvydobuvannia rose 3.3%, to 1.303 bcm, while production by Ukrnafta fell 16.7%, to 91 million cubic meters.
Ukraine increased natural gas transit through the gas transportation system (GTS) by 32.1% year-on-year in January, to 6.056 bcm.
Transit of natural gas to European countries across Ukraine totalled 5.689 bcm and to Moldova 366.1 mcm.
Ukraine withdrew 2.178 bcm of natural gas from its underground gas storage facilities in January 2018, 1.5 times more than in December 2017.
Gas stocks in Ukrainian underground storage facilities fell by 26.3% or 4.460 bcm, to 12.515 bcm between October 24, when the heating season started, and January 31 inclusive.
According to Interfax-Ukraine’s calculations, the country withdrew an average daily 24.85 mcm of gas from underground storage in November and 46.05 mcm in December last year, and 70.24 mcm in January this year, including 68.27 mcm on January 31.
On January 31, 2017 Ukraine took 91.94 mcm from its facilities which had 9.885 bcm of gas stored, on January 31, 2016 some 52.67 mcm (11.112 bcm) and on January 31, 2015 some 56.04 mcm (9.311 bcm).
Ukrtransgaz, wholly owned by Naftogaz Ukrainy, operates a system of trunk gas pipelines and 12 underground gas storage facilities in the country.