Ukraine's gas stocks shrink by 300 mcm within week

REUTERS

The company reports that the average daily volume of gas pumped out of the USFs has increased from 37 mcm to 41 mcm.

According to Ukrainian Energy Minister Volodymyr Demchyshyn, Ukraine plans to buy about 11-13 bcm of gas in 2016, and the required volumes can be provided by the European suppliers.

In January 2016, Demchyshyn stated that the price of gas for Ukraine on the European markets had been reduced to $190 per 1,000 cubic meters, which is lower than the price offered by Russia’s energy giant Gazprom.