12:35 12.09.2016

Ukraine boosts gas stocks in inventories by 4.7 bcm of gas after completion of heating season

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Ukraine boosts gas stocks in inventories by 4.7 bcm of gas after completion of heating season

Ukraine after the completion of the heating season 2015/2016 has increased natural gas stocks at Ukraine's underground storage facilities by 55.4% or 4.674 billion cubic meters (bcm), public joint-stock company Ukrtransgaz has reported.

If on April 6 8.438 bcm of gas were in the underground storage facilities, then on September 10 gas stocks amounted to 13.112 bcm.

Average daily pumping to the underground storage facilities in August was 60.7 million cubic meters and on September 10, 2016 it was 59.5 million cubic meters.

Gas imports from Europe on September 10 totaled 45 million cubic meters, including 39.1 million cubic meters from Slovakia and 5.9 million cubic meters from Hungary.

Naftogaz Ukrainy top managers earlier that the holding seeks to start the new heating season with gas stocks of at least 14.5 bcm.

Ukraine's Cabinet of Ministers has ordered to draw up a schedule for pumping natural gas to underground gas storage facilities, according to which gas stocks as of November 1, 2016 are to be 17 bcm. The Energy and Coal Industry Ministry, Economic Development and Trade Ministry, Finance Ministry and national joint-stock company Naftogaz Ukrainy are to draw up the schedule and approve it by September 15.

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