Gas Sector News

Naftogaz announces a possible shutdown of gas supply for 37 heat producing companies because of debts

Gas supply may be stopped on February 1, 2020.

Europe needs Ukrainian gas transmission system – expert

The creation of new gas transmission capacities means that in the medium term, the consumption of natural gas in Europe will increase.

Why state gas production decreased: expert's explanation

Ukrgazvydobuvannya produced 3.4% less gas than last year.

Supervisory Board of Naftogaz amends composition of Executive Board

The company also updated the statutes of of companies.

Financial company Fin-Invest wants to recover UAH 2.3 billion from Ukrtransgaz

Company funds are blocked.

Naftogaz explained the exculpation of arrests from Gazprom

Arrests were exculpated in the UK, Luxembourg, the Netherlands.

Gas Sector Analytics

Ukraine significantly increased gas purchases in Europe in 2019

Naftogaz has not purchased natural gas from Russia for more than 1,500 days

Gas transit contract lowers prices in Europe

Prices for European gas hubs began to decline sharply at the end of December.

Ukraine reduced gas imports by more than half

Natural gas supplies from abroad decreased by 60.5% in November.

Figures of the gas sector of Ukraine (November 2019)

Ukraine consumed more than 1 billion cubic meters of gas from underground gas storages in November.