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    USF Natural Gas Reserves Down 39.4% To 16 Billion Cubic Meters Over Year


    December 2, 2021 - Ukrainian News Agency

     

      As of December 1, 2021, over the year, natural gas reserves in underground gas storage facilities (USF) decreased by 39.4%, or by 10.4 billion cubic meters, to 16 billion cubic meters, compared to the data for the same date last year.

      This is indicated in a statement by the Naftogaz of Ukraine national joint stock company, Ukrainian News Agency reports.

      As of December 1, 2021, natural gas reserves in underground storage facilities amount to 16 billion cubic meters, which is 39.4% or 10.4 billion cubic meters less compared to the data on December 1 of last year.

      “This is 7.5% more than the average filling level of USF at the beginning of December 2011-2019. In particular, the level of filling USF facilities as of December 1, 2014 amounted to 13.8 billion cubic meters, and on December 1, 2016 - 13.4 billion cubic meters," the statement says.

      It is clarified that the network of Ukrainian underground gas storage facilities will be able to operate smoothly in the current heating season while maintaining a stable situation in other sectors of the energy sector of the state.

      It is noted that in November of this year, two billion cubic meters of natural gas were physically withdrawn from Ukrainian underground gas storage facilities.

      This figure is 11% higher than in November last year.

      In total, 2.7 billion cubic meters of natural gas have been withdrawn from Ukrainian USF since the beginning of the 2021/2022 withdrawal season.

      "The relatively high level of natural gas extraction at the beginning of the season is due to the fact that foreign service customers re-exported natural gas reserves," the statement says.

      As of December 1, foreign traders store 1.1 billion cubic meters of natural gas in a "customs warehouse" mode, which is 8.4 times less compared to the same period last year, of which 0.9 billion cubic meters were accumulated in the short-haul mode.

      It is also noted that the resident companies store 0.5 billion cubic meters of natural gas in the "customs warehouse" mode, which is two times less than in 2020.

      Of these, the volume transferred to the USF in the short-haul mode is equal to 0.4 billion cubic meters.

      As Ukrainian News Agency earlier reported, in the period from November 20 to November 27, natural gas reserves in the underground gas storage facilities (USF) fell by 3% or 511 million cubic meters to 16.4 billion cubic meters.

      Prime Minister Denys Shmyhal states that the natural gas reserves in underground storage facilities are sufficient for heating and technological needs in the heating season of 2021/2022.

      At the same time, Deputy Energy Minister Maksym Nemchynov noted that in the case of a shortage of natural gas, there is an opportunity to import it at the reserved, guaranteed capacities from Slovakia.

      At the beginning of October, Ukraine suspended injection of natural gas into its USF having accumulated 18.864 billion cubic meters, and on October 5, it started the withdrawal of the natural gas.

      The Energy and Environmental Protection Ministry had had plans to accumulate 19.2 billion cubic meters before the current heating season.

      On April 30, Ukraine exited the 2020/2021 heating season with reserves of 15.279 billion cubic meters of natural gas in underground storages, which is by 3.4% less than in 2020.

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