Ukraine can become an EU energy hub, but stopping the transit of Russian gas has certain risks. Thanks to a robust gas transportation and storage system, Ukraine can become Europe’s energy hub and the anchor of its energy security, said Oleksiy Chernyshov, head of the board of Naftogaz of ... #energyukraine #GasstorageUkraine #GasTransit #Naftogaz #OleksiyChernyshov #UkraineGTS
Ukraine is increasing gas production and expects to get through the winter using domestic resources. State companies Ukrgazvydobuvannya and Ukrnafta in January-August increased their production of commercial gas by 7.7% compared to the corresponding period last year – up to 9.8 billion cubic meters, ... #GasProductionUkraine #HeatingSeason #OleksiyChernyshov #Ukrgazvydobuvannya #Ukrnafta
Ukraine has accumulated 10 billion cubic meters of gas to get through the winter season; Russian strikes will not affect the injection rate. More than 10 billion cubic meters of gas have already been stored in Ukrainian underground storage facilities in preparation for the heating season. This pace of gas accumulation makes it possible to ... #GasstorageUkraine #HeatingSeasonUkraine #Naftogaz #Naturalgas #OleksiyChernyshov #UkraineEnergy
Ukraine has increased gas production to a record level; there will be enough fuel in storage for new gas generation. In six months, state company Ukrgazvydobuvannya set another record for gas production with 6.9 billion cubic meters of commercial gas, which is 8.8% more than in the same period last year. According t... #GasGenerationPlant #GasProductionUkraine #Naftogaz #OleksiyChernyshov #Ukrgazvydobuvannya #Ukrnafta
State companies plan to extract 15 cubic meters of gas and two million tons of oil this year and have launched seven new gas wells. The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Oleksiy Chernyshov. He added that in addition to... #DenysShmyhal #energyukraine #GasProductionUkraine #Naftogaz #OilProductionUkraine #OleksiyChernyshov
Ukraine aims to increase the volume of European gas in storage to four billion cubic meters and earn ₴70B through the transit of Russian oil. The head of Naftogaz, Oleksiy Chernyshov, is convinced that Europe is still interested in Ukrainian gas storage, and he has called on EU countries to help protect gas storage facilities from Russian a... #GasstorageUkraine #Naftogaz #OilTransit #OleksiyChernyshov #RussianOil #UkraineGTS
Naftogaz reaches agreements on gas storage in Ukraine with German, Norwegian and French companies; more than 200 traders are already using these services. The head of the Naftogaz group, Oleksiy Chernyshov, said that Ukraine is negotiating with German company RWE, Norwegian Equinor, and French TotalEnergies and Engie. Chernyshov also clarified that, so ... #Naftogaz #NorwegianEquinor #OleksiyChernyshov #RWE #UkraineGasMarket #Ukrainegasstorage #UkraineGTS
Ukraine suffers $400 million in losses per year due to the transit of Russian gas. Naftogaz of Ukraine is suffering significant losses from the transit of Russian gas, the chairman of the company’s board, Oleksiy Chernyshov, said. Since May 2022, Ukraine has stopped gas transit thro... #GasTransit #Naftogaz #OleksiyChernyshov #RussianGas #UkraineGTS
Ukraine can continue gas transit from Russia if European countries need it. According to the chairman, Oleksiy Chernyshov, Naftogaz is losing money with the current agreements, as Russia transports much less gas than it should do according to its contractual obligations. R... #GasTransit #Gazprom #Naftogaz #OleksiyChernyshov #RussianGas
State company Naftogaz plans to modernize gas production in Ukraine. To optimize the development of natural gas, the company will rely on the US’ experience, writes NI. The publication notes that Ukraine can become an energy-independent country in six years if it... #GasProductionUkraine #Naftogaz #OleksiyChernyshov
Ukraine’s state oil and gas company, Naftogaz, plans to increase gas production by 8% this year. In 2023, Naftogaz Group intends to increase gas production by 8% compared to 2022, announced company CEO Oleksiy Chernyshov. “Despite the war, Naftogaz maintained their gas production volume. Mo... #GasProductionUkraine #Naftogaz #OleksiyChernyshov
Ukraine’s largest gas producer has put three more wells into operation. State company Ukrgazvydobuvannya put into operation three highly productive wells in June, with a total throughput of 425,000 cubic meters of gas per day, reported the Naftogaz Group. The company adde... #GasProductionUkraine #GasWell #Naftogaz #OleksiyChernyshov #Ukrgazvydobuvannya
The Cabinet of Ministers agreed on the restructuring terms for the Naftogaz Eurobonds due in July 2022 and November 2026. “This brings the company one step closer to fulfilling its obligations to investors,” said Oleksiy Chernyshov, Chairman of the Board of Naftogaz. The solicitation to amend the terms of the $335M... #BondsUkraine #Naftogaz #NaftogazBonds #OleksiyChernyshov
Ukraine is preparing for a new heating season without importing gas. In case of war complications, the necessary volumes will be able to be bought quickly, said Oleksiy Chernyshov, head of Naftogaz of Ukraine. He added this year, the amount of Ukrainian gas will be eno... #HeatingSeasonUkraine #Naftogaz #OleksiyChernyshov #ukrainegas #UkraineGasProduction
Naftogaz invites foreign oil companies to participate in gas production in Ukraine; the first contract is close to being signed. The Ukrainian company is negotiating with ExxonMobil, Chevron, and Halliburton regarding their potential participation in Ukrainian gas production, said Naftogaz chairman Oleksiy Chernyshov. The compa... #GasProductionUkraine #Halliburton #Naftogaz #OleksiyChernyshov
Naftogaz has won an arbitration case against Russia for $5B over assets in Crimea. The arbitration tribunal at the Permanent Chamber of the Arbitration Court in The Hague ordered Russia to pay $5B to Naftogaz of Ukraine, the company’s head, Oleksiy Chernyshov, said. He explain... #Naftogaz #OleksiyChernyshov
Naftogaz Ukraine provided creditors with a working scenario for debt restructuring. During an online meeting with investors, the company proposed a working plan for resolving the situation with 2022 and 2026 Eurobonds. Naftogaz and financial advisor Lazard Frères SAS are currently pr... #Naftogaz #NaftogazBonds #OleksiyChernyshov
A new, plentiful gas well will produce 340,000 cubic meters of gas per day. The largest state gas production company, Ukrgazvydobuvannya, drilled a new evaluation and exploitation well with a depth of 5,950 meters, which is capable of producing 340,000 cubic meters of natural... #GasWell #OleksiyChernyshov #UkraineGasProduction
Ukraine’s oil and gas giant suffered $1B in war losses but plans to increase production. Naftogaz of Ukraine’s losses from Russian shelling during the war amount to more than $1B. Most of the destruction took place in the Kharkiv region, said the company’s head, Oleksiy Chernyshov. ... #GasProductionUkraine #Naftogaz #OleksiyChernyshov
In compliance with the terms of the memorandum with the IMF, Ukraine appoints a supervisory board for Naftogaz. Among the new supervisory board members, two are from the state, and four are independent. Deputy Head of the Office of the President Rostyslav Shurma, and Advisor to the Prime Minister of Ukraine on ... #Naftogaz #NaftogazSupervisoryBoard #OleksiyChernyshov
The Ukrainian government plans to use some US financial assistance for gas purchases. Ukraine is seeking to use part of the $500M financial assistance provided by the US via the European Bank for Reconstruction and Development to purchase natural gas for the winter, Naftogaz said on it... #GasforUkraine #Naftogaz #OleksiyChernyshov
Ukraine asks the US to help with gas for heating. Oleksii Chernyshov, head of Naftogaz of Ukraine, voiced a corresponding request to USAID. As the company reported, during a meeting with Erin Elizabeth McKee, assistant administrator of the USAID Bure... #ErinElizabethMcKee #GasforUkraine #Naftogaz #OleksiyChernyshov
The state budget of 2022 allocated UAH 1 bln ($37 mln) for the “Drinking water” program , announced the Minister of Community and Territorial Development, Oleksiy Chernyshov. The program includes the building and reconstruction of water intake facilities, water treatment facilities, wate... #DrinkingWaterProgram #OleksiyChernyshov
