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Through August, Ukraine has cut its gas imports by 27% yoy

Through August, Ukraine has cut its gas imports by 27% yoy

Through August, Ukraine has cut its gas imports by 27% yoy, to 6.9 billion cubic meters, reports Ukrtransgaz, the state-owned pipeline operator. Top suppliers are: Slovakia 4.3 bcm; Hungary 2.8 bcm; and Poland 519 million cubic meters. Although much of gas consumed in Ukraine originally comes from Russia, Ukraine has not bought gas directly from Gazprom since Nov. 2015. In Sept. 2014, Slovakia reversed a major pipeline and started sending gas to Ukraine. Gazprom complained and cut its gas deliveries to Europe by 25% through the winter. In face of mounting fines, Gazprom relented and restored volumes in March 2015.

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