Ukrtransgaz set to beat own 7-year record on Russian gas transit

Ukraine’s state-owned gas transmission company Ukrtransgaz expects to increase in 2018 by 10 billion cubic meters, up to 93-94 bcm, the transit volumes of natural gas transported from Russia to the European Union member states, that’s compared with the last year’s result, company CEO Myroslav Khimko told a Kyiv press conference Wednesday.

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"We expect transit at about 93-94 billion cubic meters of Russian gas this year, compared to the previous year. This figure is 10 bcm higher than last year," he said, reporting on the company’s performance.

Khimko also noted that by year-end, gas imports from Europe will reach 10 billion cubic meters.

Read alsoUkraine Gov’t kicks off search for partner in GTS joint managementAs UNIAN reported earlier, over the 11 months of 2017, gas transit via Ukraine increased by 16%, to 85.5 bcm. Transit of natural gas through the Ukrainian gas transmission system in 2016 was at 82.2 bcm, up 23% compared to 2015.

According to the gas transit contract between Ukraine and Russia, Gazprom must pump via the territory of Ukraine at least 110 bcm of natural gas annually.

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