Naftogaz CEO: Ukraine produces 53 mcm gas per day
The CEO of Naftogaz said that Ukraine produces 53 million cubic meters of natural gas per day, including 43-44 Mcm produced by the state energy group.
Oleksiy Cernyshov said Naftogaz had prepared for different scenarios in advance of the winter months, and that it ensured appropriate quantities of gas were stored.
Chernyshov stated that "various scenarios have been developed including those which assume the end (of Russian gas) transit." "Technologically we are prepared to make it through this winter."
According to him, Ukraine currently has less than 13 billion cu m of natural gas in underground storage. He added that non-resident investors have about 0.5 bcm in underground storage.
According to the Energy Ministry, the volume of natural gases stored in Ukraine for the winter heating season 2023/24 was approximately 16 bcm. Chernyshov stated that the quantity was "enough to get us through this winter."
The CEO of Ukraine's Naftogaz, Ukrnafta and Naftogaz oil and gas companies said that their natural gas production has increased by 7% this year.
The total Ukrainian gas output rose last year to 18.7 billion cubic meters (bcm) from 18.5 billion cubic metres in 2022. However, domestic consumption dropped to 19 bcm. (Reporting and writing by Pavel Polityuk, Anastasiia Malenko; Editing and reviewing by David Goodman & Jan Harvey).
(source: Reuters)
