Gas imports to Ukraine reached 8 billion cubic meters over the past five years

Ukrainian GTS Operator has transported 8.056 billion cubic meters of natural gas to Ukraine by order of its customers since the beginning of the year, which is a quarter more for the same period in 2019 and is a record for the last 5 years, the press service reports.

In particular, 1.043 billion cubic meters – from Poland, 4.6 billion cubic meters – from Slovakia, 2.408 billion cubic meters from Hungary.

54% of all volumes were imported to Ukraine through a virtual reverse, which became available with the beginning of 2020. Namely: from Poland – 1.0 billion cubic meters, from Hungary – 1.3 billion cubic meters, from Hungary – 219 million cubic meters.

56%, or 4.5 billion cubic meters of imported volumes were sent to underground gas storages for storage at customs warehouse mode from January 1, 2020. Of these, 36% came in shorthaul mode.

In the first half of July, imports amounted to 1.026 billion cubic meters, which is 21% (or 175 million cubic meters) more than the same period last year.

“This increase in imports is associated with a significant increase in demand from European companies for gas storage in Ukrainian storages in customs warehouse mode. Due to the fullness of European storage facilities and attractive tariffs and services, this year Ukraine is breaking records for gas injection into underground gas storage facilities and is taking an important step towards becoming a European gas hub,” the statement said.

Today, natural gas comes exclusively from the countries of the European Union.

Recall that the Ukrainian GTS Operator (GTSOU) and the Polish GTS Operator (GAZ-SYSTEM) created a single virtual point of connection between the two systems.

It was previously reported that in the first half of 2020, Ukraine increased gas imports by 24%.

Tags: The Cabinet of Ministers, gas, Naftogaz, contracts, Kobolyev, hydrocarbon production, tariffs, legislation, EU, gas imports, energy market, UGSF, GTS, foreign affairs, heating season, Gas market, GTS Operator, pipeline, price, agreement, gas supplies, volumes, Makohon, OGTSU, infrastructure, energy sector, natural gas, энергетическая безопасность, economy, market, gas production, gas transmission system, supplier, consumers

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