: Ukraine cuts gas consumption by 11 pct so far 2016 - Reuters

13:02 Sep. 7, 2016

Ukraine cuts gas consumption by 11 pct so far 2016 - Reuters

A ground equipment of gas storage (UNIAN Photo)

Ukraine significantly reduced gas consumption and does not buy it from Russia anymore

Oct 3 Ukraine reduced natural gas consumption by around 11 percent in the first nine months of this year to 19 billion cubic meters (bcm), mostly due to a smaller usage by industry, Ukrainian state-run gas transport firm Ukrtransgaz said on Monday. 

Ukraine, which had faced a significant decrease in industrial production due to military conflict in its eastern regions, reduced gas consumption by 20.6 percent to 33.7 bcm in 2015.

Ukrtransgaz said in a statement Ukraine had imported 6.3 bcm of gas in January-September and produced 15.1 bcm of gas.

Ukraine, which used to meet its gas needs with imports of Russian gas, has not bought gas directly from Russia since November 2015, importing instead from Europe, mostly from Slovakia.

Relations between Ukraine and Russia have suffered since Russia's annexation of Crimea in 2014. 

Based on reporting by Reuters

comments powered by Disqus

RELATED NEWS

Business11:44 Dec. 6, 2016
EU spells out its stance on wood export ban
Business19:08 Nov. 29, 2016
Three reasons to invest in Poland to reach the EU market
Business16:49 Nov. 25, 2016
EBRD willing to take stake in Ukraine's largest state bank
Business15:36 Nov. 24, 2016
Ukraine-IMF cooperation is at risk
Business12:01 Nov. 24, 2016
How Dutch business benefits from EU-Ukraine deal
Ukraine Today WEEKLY DIGEST
Subscribe to receive regular email updates about Ukraine and Eastern Europe
vk154998