Acasă » Oil&Gas » Consumers » Ukraine eyes gas imports from Romania

Ukraine eyes gas imports from Romania

20 May 2015
Consumers
Bogdan Tudorache

Ukraine is interested in importing Romanian natural gas to diversify its supplies, a senior Ukrainian energy official said on Tuesday. “They (Romania) are looking for a market, while this gas is interesting for us as a diversification (of supplies),” Ihor Prokopiv, the president of Ukraine’s gas transport monopoly Ukrtransgaz, told reporters, according to Reuters. Prokopiv said Romania was likely to have up to 2 billion cubic meters of free gas available for exports in 2016.

Ukraine, which used to cover most of its gas needs with supplies from Russia, has started buying gas from the European Union too in a bid to reduce bills and lessen its energy dependence on Moscow. Kiev now buys 50 percent of its imported gas from Slovakia, Poland and Hungary, the rest is supplied by Russia, according to Ukrtransgaz data.

Romania already exports its gas to Moldova, Ukraine’s south-western neighbour. The pipeline that links the Romanian and Moldovan gas transport systems has the capacity to pump up to 1.5 billion cubic metres of gas per year.

In April, Ukraine signed an interim deal for cheaper supplies of gas from Russia for the next three months. Under the deal Ukraine will buy Russian gas at 248 dollars per thousand cubic metres in April-June. This compares with the 329 dollars it was paying for the same volume under the agreement for the past winter.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

Leave a Reply

Your email address will not be published. Required fields are marked *