Ukrtransgaz: Ukraine since the beginning of the season has exhausted half of gas reserves

Ukrtransgaz: Ukraine since the beginning of the season has exhausted half of gas reserves


As of this morning in the domestic gas storage is kept at 8.5 billion cubic meters, which is 50.2% less than stocks at the beginning of the heating season, said the press service of the Ministry.

KYIV, 4 APR. The volume of gas in underground storages (UGS) of Ukraine as of April 4, is 8.5 billion cubic meters, during the heating season from storage was selected half of the stock of “blue fuel”, reports a press-service of the operator of the gas transportation system of Ukraine “Ukrtransgaz”, on Monday.

“As of this morning in the domestic gas storage is kept at 8.5 billion cubic meters, 50.2%, or 8.6 billion cubic meters, less inventory at the beginning of the heating season”, — stated in the message.

Daily selection of gas from storage is less than 20 million cubic meters per day. In the month of March from selected storage facilities was 1.6 billion cubic meters, which is 0.1 billion less than in March 2015.

The head of “Naftogaz” Andrey Kobelev on 23 March noted that the company expects to commence the injection of gas into storage from April. The injection volumes are expected to be slightly below last year’s. He noted that due to the political crisis in Ukraine, the creditors of “Naftogaz” took a wait and see attitude, which may complicate the process of gas purchases in the new season.

At the end of March has expired the action of the winter gas package, for which Kyiv has the right to buy gas from the Russian Federation. Arrangement within the package have been initialled by the Russian Federation and Ukraine, brokered by the EC on 25 September. Bought under agreements binding the volume of gas by 540 million dollars, Kiev November 25, stopped buying gas from Russia. At the same time Ukraine continues to buy gas transit to the EU, saying that it is cheaper than the Russian Federation.

“Naftogaz of Ukraine” on Thursday announced that it plans to resume the purchase of gas from Gazprom from April 1 because of unfavorable rates, but remains open to negotiations regarding the price of gas. Earlier, the head of the Russian Ministry of energy Alexander Novak said that on the expiry of the discounts on Russian gas for Ukraine will fully comply with the existing contract between Gazprom and Naftogaz.