One of the most productive gas wells launched in Ukraine

Ukrgazvydobuvannya from the Naftogaz Group launched a new gas well with a throughput of 400,000 cubic meters per day, reported the press service of the state oil and gas company. This is the fourth high-throughput well launched in 2024, and one of the most productive, Naftogaz said. The idea of launching this well belongs to the development … Read more

Naftogaz plans to increase gas production to 15 bcm in 2024 – Chernyshov

Naftogaz Group plans to produce 15 billion cubic meters of natural gas in 2024 at the expense of PJSC Ukrgazvydobuvannia and PJSC Ukrnafta, said the head of the group, Oleksiy Chernyshov. “For 2024, our plan is to approach 15 billion cubic meters at the expense of the Ukrgazvydobuvannia and Ukrnafta enterprises,” he said at the … Read more

The EU will not extend the contract to transit Russian natural gas through Ukraine.

As European Commissioner for Energy Kadri Simson stated: “We are not interested in extending the tripartite gas transit agreement, which expires at the end of this year.” According to her, the countries that received Russian gas in transit through Ukraine, including Austria, Italy, and Slovakia, will be able to find alternative sources of supply. Europe … Read more

Ukraine ensures gas self-sufficiency for the first time since independence

Ukraine has amassed enough natural gas reserves to meet winter heating needs without Russian imports for the first time since gaining independence, Naftogaz reported.  This energy milestone comes as Russia’s full-scale invasion enters its second winter. “This is the first winter in the entire history of independence that we can rely on our own gas … Read more

Zelenskyy initiates extension of ban on Ukrainian gas exports until late 2024

Ukrainian President Volodymyr Zelenskyy is initiating the extension of the ban on the export of natural gas of Ukrainian origin until the end of 2024. The instruction to the Cabinet of Ministers is enshrined in President’s Decree No. 737/2023 dated November 7, 2023, which put into effect the decision of the National Security and Defense … Read more

Kyiv to cut off Russian gas transit to Europe at end of 2024

Ukraine does not intend to extend the Russian gas transit contract after it expires at the end of 2024, Oleksiy Chernyshov, chairman of the state-owned oil and gas company Naftogaz, said in an interview with Radio Liberty published on Oct. 28. Ukraine is fulfilling the current contract to remain a reliable partner for Europe, although … Read more

Ukraine to rely on domestic gas extraction this winter — Naftogaz

For the first time in its history, Ukraine is set to go through the upcoming winter season using domestically produced natural gas, Oleksiy Chernyshov, CEO of Ukraine’s state-owned oil and gas enterprise Naftogaz, told Ukrainian TV broadcasters on Sept. 25. “We are increasing our own gas production, and those numbers are on the rise,” said … Read more

Ukraine’s gas infrastructure ready to work without Russian gas transit – stress test results

The gas transmission system (GTS) and underground gas storages (UGS) of Ukraine are ready to operate under conditions of zero transit, the Ministry of Energy announced, citing a stress test initiated by it. The modeling of the work was carried out by a working group composed of and with the assistance of the USAID Energy … Read more

Ukraine discovers vast gas deposit holding billions of cubic meters

JSC UkrGasVydobuvannya, which belongs to the Naftogaz Group, has discovered a new gas field, the reserves of which can reach a billion cubic meters of blue fuel. Sydorov reports, citing the Integrated Communications Department of Naftogaz of Ukraine. Naftogaz plans to achieve a significant increase in production in wartime conditions. This will happen primarily due … Read more