Economy

Ukraine posts 27% rise in gas imports from EU in 2017

Ukraine boosted gas imports from European countries by 27% or 3 billion cubic meters (bcm) in 2017, to 14.1 bcm, the press service of national joint-stock company Naftogaz Ukrainy has reported.

"The important result of the year was the increase in the volumes and the share of imports by private traders and gas consumers. Last year these companies imported 1.8 times more gas than in 2016: 5.4 bcm against 2.9 bcm. In 2017, 67 companies imported gas to Ukraine (34 companies in 2016)," the company said.

Last year Naftogaz imported 8.7 bcm of gas from the European market, which is 6% or 0.5 bcm more than a year ago. The company purchased gas from 13 European suppliers compared with 15 suppliers in 2016.

"No one of these companies supplies more than 30% of the total volume of imported gas," the company said.

Naftogaz recalled that in 2017 the company did not buy gas from Russia's Gazprom.

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