REUTERS
This is due to high stocks in the country's underground storage facilities.
The National Bank of Ukraine (NBU) forecasts a temporary reduction by around 66.7% in gas imports in 2020, to 5 billion cubic meters (bcm).
This is due to high gas stocks in the country's underground storage facilities (USFs), according to the NBU's January 2020 Inflation Report, published on the regulator's website on February 6.
However, Ukraine is expected to increase annual gas purchases to 9 bcm in subsequent years, the regulator said.
As UNIAN reported earlier, Ukraine on November 2 stopped injecting gas into its USFs and began pumping it out for the 2019-2020 heating season.
By the start of the heating season, Ukraine had accumulated 21.76 bcm of gas in its underground storage facilities against 17.2 bcm year-on-year.