Ukraine's gas imports from EU exceed 2014 record levels - Gas TSO of Ukraine

Ukraine's gas imports from EU exceed 2014 record levels - Gas TSO of Ukraine

Ukrinform
Gas imports from the European Union to Ukraine reached 70 million cubic meters per day, which is the highest level since 2014, according to Sergiy Makogon, Director General of Gas Transmission System Operator (TSO) of Ukraine LLC.

"Gas imports from the EU reached 70 million cubic meters per day. This is a record high since 2014, when there were still imports from Russia," Makogon wrote on Facebook.

According to him, such a significant increase was due to the creation of virtual interconnection points at the borders with Poland and Hungary, as well as the launch of a virtual reverse flow. "Last year, the maximum capacity of imports did not exceed 66 million cubic meters per day and was limited by the existing infrastructure. Now, with a virtual reverse [flow], imports can reach 170 million cubic meters per day," Makogon wrote.

According to him, most gas imports go for seasonal pumping into underground storage facilities. Ukraine’s Naftogaz pumped significant gas volumes two years ago, while this year companies from the EU pump significant volumes, Makogon explained, adding that this is “an additional significant revenue to the budget of Ukraine”.

As reported by Ukrinform, in November 2019, Ukraine stopped buying gas from Russia and started imports from the European Union, in particular, Slovakia, Hungary and Poland.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-