: :inin Kyiv (EET)

Ukraine piles up over 14 bcm of gas in storage

Natural gas reserves in Ukraine`s underground storage facilities (USFs) broke the mark of 14 billion cubic meters, according to a spokesman for the state-owned Ukrtransgaz.

”This morning Ukraine broke the mark of 14 billion cubic meters. The storages are 45% full,” the press secretary wrote on Facebook.

According to Ukrtransgaz, the daily volume of gas injection into USFs as of September 24 amounted to nearly 58 million cubic meters. Throughout a week, September 17-24, Ukraine`s gas reserves grew by 2.9%, up to 13.953 bcm.

As UNIAN reported earlier, following the completion of the heating season, Ukraine ceased to take gas from its USFs on April 7, having started to inject gas for storage.

Ukraine initially planned to pump into storage about 3.3-3.4 billion cubic meters in August-September, bringing for the heating season and bring the total volume of gas reserves to 14-14.5 bcm.

At the beginning of September 2016 the Cabinet of Ministers instructed Naftogaz of Ukraine to draft and approve a new schedule of gas injection, to bring Ukraine`s reserves to 17 bcm by November 1, 2016. Energy Minister Ihor Nasalik supported the idea, rejecting an option to purchase gas from the Russian Gazprom.

On September 21, Deputy Chairman of the Board of Naftogaz Serhiy Konovets said that Ukraine would not be able to save up to 17 bcm of gas ahead of the heating season 2016-2017 without the purchase of additional volumes of fuel from Gazprom.

The state-owned holding Naftogaz of Ukraine plans to import gas partly for its own money, as well as with the help of a EUR 300 mln loan from the European Bank for Reconstruction and Development.


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