Economy

Ukraine sees 45% fall in gas imports in Jan

 Ukraine cut imports of natural gas by 44.8% or 651.5 million cubic meters (mcm) in January 2018 year-over-year, to 801.5 mcm, according to data from public joint-stock company Ukrtransgaz.

According to Interfax-Ukraine's calculations, imports from Slovakia in January 2018 amounted to 596.7 mcm, Hungary to 99.8 mcm, and Poland to 105.1 mcm.

Ukraine has not been importing natural gas under the contract with PJSC Gazprom for more than two years (since November 26, 2015), purchasing resources exclusively on its western border.

As reported, Ukraine increased imports of natural gas by 26.8% or 2.972 billion cubic meters (bcm) in 2017, to 14.05 bcm. Imports from Slovakia in 2017 amounted to 9.91 bcm, Hungary to 2.835 bcm, and Poland to 1.305 bcm.

Ukrtransgaz, fully owned by Naftogaz Ukrainy, operates a system of trunk gas pipelines and 12 underground gas storage facilities in the country.

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