Currently, natural gas reserves in Ukrainian underground storage facilities have been at the lowest level in the last 11 years.
Last winter, Ukraine was completed with the lowest gas reserve over the last 11 years-only 5.4 billion cubic meters, RBC-Ukraine reports. It is urgent to pump significant amounts of gas in underground storage facilities. But this year, geopolitics have been added to the familiar problems of Russia’s flow to the gas infrastructure – Israeli strike in Iran.
Thus, due to the Russian attack on energy infrastructure, the production fell by about 40%, and Ukraine was forced to force the consumption of imports and reserves.
At the beginning of June, there are approximately 7 billion cubic fuel meters of fuel in storage facilities, and in the middle of -this volume should grow to 13 billion cubic meters: that is, you need to download nearly 6 billion during tag -day and fall, where it is planned to reserve up to electricity needs in winter up to 1.5 billion.
“To be on time, you need to import at least 870 million cubic meters monthly,” explained Sergey Maccoon, former GTS operator head.
However, financing is the main problem. Naftogaz has access to 410 million euros from EBRD and Norway – this is enough for 1 billion cubic meters. The situation is complicated by geopolitics. Former Nafttogaz Andrei Kobolev leader has warned of a possible increase in gas prices in Europe as Israel’s attack on Iran’s gas infrastructure. According to him, it will also affect the purchase of gas for Ukraine.
Kobolev wrote about it on Facebook. He noted that Israel began to destroy Iran’s infrastructure with drones. Iran supplies gas in Turkey, which, in turn, sells it to the European Union. Now, due to the destruction of capacities, this chain may be interrupted.
“Turkey will be forced to reduce supplies in the EU or increase the importance of expensive LNG,” Kobolev explained. “It will push prices in Europe. And if Israel continues to strike, some of Russia’s fuel can also be reorganized in Iran.”
Meanwhile, gas miners are trying to restore production after losses from the war.
“The production has been restored as much as possible,” said Artem Petrenko, Executive Director of the Association of Gas Production Company of Ukraine.
However, he has not yet reached the beginning of the beginning of 2025. The DTEK reported that at the beginning of 2025, three of its gas installations were damaged by attacks and for full recovery it would be required at least one year.
At the same time, due to the suspension of running special resolutions to the victim in Ukraine, many more gas -making companies are doing nothing. The State Geology and Subsoil Service in November 2024 for the second time has blocked licenses for deposits in the Kharkov and Poltava regions belonging to British Enwell Energy. According to independent chairman of the company’s Board of Directors Chaka Valeskini, due to suspension of licenses, Ukraine will disappear up to 90 million M3 of gas by the end of the year.
Earlier it was found that Ukraine could import twice in many gases from Poland. Part of the additional capacity was proposed on June 16 at the monthly auction for July.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.