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Russian gas flows to Ukraine stable: Ukrtransgaz

Published Updated

imageKIEV: Russian natural gas flows to Ukraine have been stable since Dec. 9, when Gazprom resumed supplies after a six-month gap caused by a price dispute and unpaid debts, Ukraine's gas transport monopoly said on Monday.

"The supplies are stable. Ukraine received 23.4 million cubic metres (mcm) of Russian gas on December 20," Ukrtransgaz spokesman Maxim Belyavsky said.

Ukraine has had to cope with low temperatures and a lack of fuel to produce enough power to cover domestic needs.

The volume of gas in Ukrainian underground storages had fallen by 27.2 percent since the start of the heating season to 12.19 billion cubic metres as of Dec. 20, the Ukrtransgaz data showed.

The country paid $378 million to Gazprom for 1 billion cubic metres of gas in December to replenish its limited reserves.

Ukraine has said a gas agreement with Russia, reached in October, allows Kiev to buy up to 5 billion cubic metres of gas in the period between October and March.

Copyright Reuters, 2014

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