Ukraine eyes gas exports from 2020

By Silvia Favasuli 11 May 2017
  • Twitter logo
  • LinkedIn logo
  • facebook logo
  • Email logo
A gas metering station on the Ukrainian border. The country is aiming to export gas to western Europe. (Gazprom) A gas metering station on the Ukrainian border. The country is aiming to export gas to western Europe. (Gazprom)

Ukraine is planning to boost its gas production and curb domestic demand in the hope of becoming an exporter of the fuel from 2020, an executive at state-owned oil and gas player Naftogaz Ukrainy has said.

"We managed to get rid of our dependence on Russian gas supplies [and] we do believe in the near future – our plan is from 2020 – [that] Ukraine will be exporting gas, not importing gas," Yuriy Vitrenko, the company’s chief commercial officer, told delegates at the Flame conference in Amsterdam on Wednesday.

“In 2020, we are planning to be balanced. But then exports will gradually grow, by around 1 bcm/y,” Vitrenko told Interfax Natural Gas Daily.

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up