(ICIS)–The European Commission will be working with Ukraine andMoldova to fast-track reforms with a view to integrate their electricity and gas sectorswith those of the EU, the European Commission said in a statement on February 24.The support package pledged this week outlines plans to help Ukraine and Moldovacouple their electricity markets with the EU’s by […]
Ukrtransgaz plans to purchase another 100 mcm of imported gas on the exchange
Ukrtransgaz, a member of Naftogaz Group, intends to purchase another 100 mcm of imported natural gas. The first auction will be held at the Ukrainian Energy Exchange on February 11, according to the exchange bulletin. Terms of gas purchases by UTG On February 11, Ukrtransgaz entered the stock exchange with the purchase of 25.596 mcm […]
Ukraine officially stops transit of Russian gas
Starting from 07:00 Kyiv time on January 1, 2025, the Ukrainian GTS Operator officially stopped the transit of Russian gas through Ukraine after the end of the gas day on December 31. The suspension was due to the expiration of the five-year contract for Russian gas transit, signed in 2019. The Ukrainian GTS Operator has […]
Moldova may consider the nationalization of Moldovagaz, in which Gazprom owns 50% of the shares
Moldovan media reports that Moldovan Prime Minister Dorin Recean has asked Justice Minister Veronica Mihailov-Moraru to revise the nationalization legislation. The prime minister appealed after Russian Gazprom announced that it would stop supplying natural gas to Moldovagaz from January 1, 2025, allegedly because of the company’s debt. “For the first time, the Kremlin’s political ‘clowns […]
Gazprom suspends gas supplies to Moldova as of January 1, allegedly due to non-payment
On December 28, Russia’s Gazprom announced that it would stop supplying natural gas to Moldova from 07:00 on January 1, 2025, allegedly due to the Moldovan side’s refusal to settle its debt for the supplied natural gas. Gazprom sent an official notice of suspension of gas supplies to Moldovagaz on Saturday, December 28. According to […]
DTEK receives first tanker with US LNG
Ukrainian energy holding DTEK has received its first cargo of American LNG, the company’s press service reports. On the morning of December 27, the Gaslog Savannah tanker delivered about 100 mcm of natural gas from the US liquefaction plant in Louisiana to the Greek LNG terminal Revithoussa. According to DTEK, its European trading subsidiary D.Trading […]
International coordination: European gas transmission system operators discussed their plans for 2025
Austria hosted an international meeting for gas transmission system (GTS) operators in Europe in November of this year. The event was attended by representatives of the dispatching services of key participants in the European gas market, including the Gas TSO of Ukraine, SNAM, OGE, GAZ-SYSTEM, NET4GAS, GASCADE, GCA, EUSTREAM, PLINOVODI and TAG. The primary objective […]
Ukraine has injected over 1 bcm of natural gas into underground storage facilities
Since the beginning of this year’s natural gas injection season (March 31), Ukraine has injected about 1.06 bcm of natural gas into underground gas storage facilities (UGS) as of May 25. This is evidenced by the calculations of ExPro. Gas injection volumes increased last week – up to 31.7 mcm on May 22, the highest […]
UKRAINE NEEDS TO RETURN TO THE IMPLEMENTATION OF THE GAS RELEASE PROGRAM, – A. MYZOVETS
We need to return to the implementation of the Gas Release Program (the sale of part of the gas produced by Ukrgasvydobuvannya JSC on the domestic exchange). After all, these are the obligations undertaken during the gas market reform and prescribed by the third energy package. This was discussed by market participants at a discussion […]
SYNCHRONIZATION OF UKRAINIAN AND SLOVAK MARKETS IN THE GAS SECTOR
Ukraine and Slovakia discussed the development of infrastructure projects of the Eastern European Energy Hub. During the intergovernmental consultations between Ukraine and Slovakia, the delegations discussed joint steps in the nuclear industry, diversification of oil and natural gas transportation, and synchronization of market conditions and products to increase liquidity in the gas and electricity markets. […]