• Natural Gas News

    Ukrainian Daily Transit Flows 44 Percent Below the Level of 2008

    old

Summary

Naftogaz able to supply Ukrainian consumers and provide stable flows to Europe with much lower use of storage gas.

by: Mikhail Korchemkin

Posted in:

Natural Gas & LNG News, News By Country, Russia, Ukraine, Pipelines

Ukrainian Daily Transit Flows 44 Percent Below the Level of 2008

According to Naftogaz of Ukraine, the annual transit flow of Russian gas to Europe dropped from 116.9 bcm in 2008 to 81.2 bcm in 2012 (decline of 30.5 percent). Annual gas use in Ukraine is down from 66.3 bcm in 2008 to 54.8 bcm in 2012.

Average daily transit flow of Russian gas through Ukraine to Europe (including Turkey) of January 2013 was 171 mmcm (million cubic meters) or 44 percent lower than that of January 2008. Nord Stream is responsible for 51 mmcm/day while the major share of the drop is caused by the lower demand for Russian gas in Europe.

From 2008 to 2013, January daily gas consumption in Ukraine dropped 24 percent.

On the average day of January 2013, Ukrainian pipeline system received nearly 250 mmcm less gas than five years earlier. This volume is roughly equal to the maximum storage withdrawal rate of all Ukrainian storage facilities. Therefore, now Naftogaz can supply domestic consumers and provide stable flows to Europe with much lower use of storage gas.

Mikhail Korchemkin

Our thanks to East European Gas Analysis, a Natural Gas Europe Industry Partner