13:53 30.08.2018

PGNIG cuts gas sales by 27.6% in Ukraine in H1 2018

1 min read
PGNIG cuts gas sales by 27.6% in Ukraine in H1 2018

Poland's PGNiG oil and gas company in H1 2018 in cooperation with ERU and national joint-stock company Naftogaz Ukrainy sold over 210 million cubic meters (mcm) of natural gas in Ukraine, while in H1 2017 in cooperation with ERU – around 290 mcm, according to a company report on the Warsaw Stock Exchange (WSE) on Thursday.

The company recalled that moreover, in March 2018, PGNiG made emergency supplies of gas fuel to Naftogaz Ukrainy after Gazprom refused to start deliveries to Ukraine.

According to the report, exports of natural gas to Ukraine from Poland in H1 2018 totaled 2.42 terawatt hours (TWh), which is 24% less than in H1 2017 (3.2 TWh). In a report for H1 2017, PGNiG gave another figure for gas exports to Ukraine – 6.11 TWh, reporting about a 79% rise year-over-year.

According to the documents, the entire volume of gas was shipped via the Hermanowice gas hub.

PGNiG has been selling gas to Ukraine since August 2016.

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