Ukrainian energy Minister: we will not be the end of the year to buy Russian gas

Ukrainian energy Minister: we will not be the end of the year to buy Russian gas

KIEV, November 23. Ukraine will not be the end of the year to buy Russian gas. On Monday at a press conference in Kyiv said the Minister of energy and coal industry Volodymyr demchyshyn.

“The accumulated resources of gas show that we are well prepared for the heating season”, – he said, without naming the volumes of pumped gas into underground storage.

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“At the moment the consumption is lower than we expected. Therefore, in the underground gas storages have enough gas to put it to use and not to buy. There are several reasons why gas is not to buy. For example, we expect that in the first quarter, the price will be lower. Therefore, the critical need to make payments – no,” he said.

Previously Demchyshyn said that Ukraine needs for the winter heating season to 19 billion cubic meters of gas and acknowledged that accumulate this amount until the end of the year is impossible, despite the credit funds from the European Bank for reconstruction and development in the amount of $300 million.

According to the latest data, the Ukrainian underground storage facilities – about 17 billion cubic meters of gas. This, as stated by the head of National joint-stock company (NJSC) “Naftogaz of Ukraine” Andrey Kobelev, and also the volume, which Kiev will buy the EU, by the end of winter. “The current gas reserves in underground storages, we can not only to the end of this year, and to the end of winter to buy gas only in the EU,” he said. He also noted that it is now clear that Ukraine “to buy gas in Europe”.

According to the company “Ukrtransgaz”, Ukraine imports gas in four directions – from Russia, Slovakia, Hungary and Poland.