Ukraine Increases Gas Imports by 40% to Meet Supply Needs
(Reuters) — Ukraine will increase its gas imports by almost 40% to 13.3 million cubic meters (MMcm) on Thursday thanks to a bigger import from Hungary, the operator of the state-run gas transmission system said.
Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country.
Data from the operator showed that Ukraine will import 9.8 MMcm of gas from Hungary and 3.5 MMcm from Poland on Thursday. On Wednesday, Kyiv imported 6.4 MMcm of gas from Hungary and 3.2 MMcm from Poland.
The former head of the Ukrainian gas transit operator, Serhiy Makogon, said last month that the country needed to import up to 6.3 billion cubic meters of gas for the 2025/26 winter season as reserves have fallen to a record low due to war-related damage to some facilities.
He said Ukraine would need up to $3 billion to buy such high volumes of gas.
Ukraine's state oil and gas firm Naftogaz said last week it was in talks with the government and international financial institutions to raise 1 billion euros ($1.1 billion) to purchase over 2 Bcm of gas for the 2025/26 heating season.
Naftogaz has said it also contracted 300 MMcm of American LNG with deliveries from Poland's Orlen.
($1 = 0.8848 euros)
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