Ukrainian worker turns the tap on the basis of underground gas storage in the village Mryn, Chernihiv region. Ukraine, Thursday, October 15, 2015 The head of "Naftogaz Ukraine" Andrey Kobolev predicts achievement more than 17 billion cubic meters of natural gas reserves in underground storage to the end of October, which will comfortable with pass the winter 2015-2016. (Photo by Danil Shamkin/NurPhoto) (Photo by NurPhoto/NurPhoto via Getty Images)

Ukraine’s Gas Reserves at 9.5 bln Cubic Metres, Production Continues

Ukraine’s gas reserves amount to 9.5 billion cubic meters (bcm) with production continuing at all facilities except at plants in areas where fighting is taking place, Prime Minister Denys Shmygal said late on Saturday.
Imports continue from Hungary, Slovakia and Poland, Shmygal said in a video address.
Before Russia’s invasion, Ukraine consumed around 30 bcm of gas per year, producing 20 bcm and importing the remaining volumes from Europe.
Ukraine used to import Russian gas but switched to European energy in November 2015 after Russia’s annexation of the Ukrainian Crimea peninsula in 2014 and the outbreak of war in eastern Ukraine.
Separately, Shmygal said that 50.8 billion hryvnia ($1.74 billion) was transferred to the budget reserve fund from programs that cannot be implemented in wartime.
“Such a decision allows for operational needs of the security and defence sector,” he added.

About Parvin Faghfouri Azar

Check Also

Brazil’s Petrobras Plans up to $55 Billion in Dividends by 2029

Petrobras plans to pay ordinary dividends totaling $45 billion-$55 billion by 2029, with room for …

Leave a Reply

Your email address will not be published. Required fields are marked *