Ukraine: gas production up in January-July 2017

Natural gas production in Ukraine rose by 3.2% YoY in January-July, to 12.044 billion cubic meters, Ukrtransgaz has said. Ukrgazvydobuvannia increased gas production by 3%, to 8.777 billion cubic meters, Ukrnafta reduced production by 9.2%, to 0.694 billion cubic meters and other companies increased production by 7.9%, to 2.573 billion cubic meters. In July alone,…

Ukraine: gas inventories up in July 2017

Ukraine has increased gas inventories in underground storage 61.3% since the end of the heating season, according to operational data from Ukrtransgaz. The inventories amounted to 13.069 billion cubic meters on July 29, up from 8.1 billion cubic meters on March 22. The current inventories are 24.4% more than on July 29, 2016 (10.211 billion…

Ukraine: EIB mulling issue of EUR 130 million to Ukrenergo for modernization of substations

The European Investment Bank (EIB) is considering the issue of a EUR 130 million to Ukrenergo for modernization of substations, according to the website of the financial institution. The EIB said the project was aimed at improving energy efficiency, reliability of equipment, reducing operating costs. Its implementation will contribute to the integration of Ukraine’s energy…

Ukraine: gas reserves up in mid-July 2017

Natural gas reserves in Ukrainian underground storage facilities (USFs) on July 15-22 increased by 2.9%, orby 355 million cubic meters, from 12.320 billion cubic meters to 12.675 billion cubic meters, according to the state-run gas transport system operator, Ukrtransgaz. The daily volume of gas injection into the USFs stood at about 58.7 million cubic meters,…

Turkmenistan interested in foreign investors for its gas and chemical industry

Energy-rich Turkmenistan invites foreign investors to participate in the development of the gas and chemical industry. The country plans to build several large gas chemical complexes, a source in the fuel and energy complex of the country said. These large complexes will focus on the production of polyethylene, polypropylene, polyvinyl chloride, monoethylene glycol, dimethyl ether…