Ukraine boosts gas inventories 43% since end of heating season, injects 1.5 bcm in June

15:28, 03.07.2017 1 min read

Ukraine has increased gas inventories in underground storage 43.1% since the end of the heating season to 1.496 billion cubic meters (bcm), according to operational data from Ukrtransgaz.

The inventories amounted to 11.592 billion cubic meters (bcm) on July 1, up 3.491 bcm from 8.100 bcm on March 22.

The current inventories are 19.5% more than on July 1, 2016 (9.703 bcm), but 3.4% less than on July 1, 2015 (12.002 bcm) and 19.3% less than on July 1, 2014 (14.371 bcm), according to Interfax calculations.

Ukraine injected an average of 49.88 million cubic meters per day in June, down from 51.86 million cubic meters in May.

If Ukraine injects about 50 million cubic meters a day into underground storage in June-September 2017, it would enter the 2017/2018 heating season with about 16 bcm in storage. It had 14.7 bcm in storage when the 2016/2017 heating season began in mid-October 2016.