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Ukraine increases gas production 2% in January-May 2016

Ukraine increases gas production 2% in January-May 2016 Ukraine increased gas production 2% year-on-year in January-May 2016 to 8.391 billion cubic meters (bcm), the Ukrainian Energy and Coal Industry Ministry told Interfax-Ukraine.

Naftogaz enterprises reduced gas production by 1.1% to 6.67 bcm, including production of 6.12 bcm by Ukrgazvydobuvannia and a 0.550 bcm by Ukrnafta.

Other oil and gas companies operating in Ukraine raised output by 15.8% to 1.721 bcm.

According to operating data of PJSC Ukrtransgaz, natural gas production in Ukraine in H1 2016 rose 1.9% year-on-year to 10.028 bcm.

In June, 1.637 bcm of gas were produced, which is 2.2% more than in June 2015, of which Ukrgazvydobuvannia produced 1.189 bcm, Ukrnafta - 104.8 million cubic meters, and other companies 343.6 million cubic meters.

Meanwhile, gas consumption in Ukraine in January-May fell 11.8% to 16.039 bcm. In particular, industry consumed 4.133 bcm, down 23.7%, the population and government-funded organizations used 6.769 bcm (8.6% down), district heating providers used 3.807 bcm (6.9% down), production and technical spending amounted to 1.33 bcm (5.8% up).
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