Ukraine increases gas imports from Hungary by 60%

Jul 14, 2016 12:00 AM

Ukraine has increased gas imports from Hungary by 60% to 1.6 million cubic meters per day, according to Ukraine's gas transmission system operator Ukrtransgaz.

"Ukraine increased gas imports from Hungary by 60% to 1.6 million cubic meters per day," said Maksym Beliavsky, head of the public and media relations department at Ukrtransgaz.

As reported, Ukraine will be able to use money allocated by the European Bank for Reconstruction and Development (EBRD) to purchase gas starting from July 20.

According to Ukrainian press reports Kiev resumed importing natural gas from Hungary on July 9, after imports were suspended in early July. The company announced that the daily volume of gas imports from Hungary on July 9 amounted to almost 1 million cubic meters (mcm).

As reported earlier, in June this year Ukraine reduced natural gas imports from the EU by one-fifth, from 95 mcm to 20 mcm. At that time, Ukraine’s natural gas imports were delivered from Europe by two traders.

Also, natural gas consumption in Ukraine stood at 1 billion cubic meters during this period, which was the same level as last year. As the hearing season stopped in Ukraine, gas transmission from storage units was halted and the replenishment of the units started on 7 April.

Between July 2 and 9 the amount of gas in the underground storage units rose 1.2% or 115 mcm to over 9.8 bcm. By the start of the next heating season Ukraine’s state-owned natural gas company Naftogaz plans to accumulate some 14.5 billion cubic metres in the storage units.

Meanwhile, the Ukrainian gas transmission company announced early last week that in the first half of 2016 the amount of Russian natural gas transmitted via Ukraine to European Union member states rose 31% year on year to 38 bcm.

Ukraine imports Russian gas from Hungary, Poland and Slovakia with a so-called reverse flows.

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