Latest news with #ExPro
Reuters
a day ago
- Business
- Reuters
Ukraine increases power exports and imports in June, analyst says
KYIV, July 1 (Reuters) - Ukraine, whose power system has been under constant Russian missile and drone attacks, increased its electricity exports to 237 megawatt hours in June from around 95 MWh in May, Ukrainian ExPro consultancy said on Tuesday. The consultancy also said Ukraine had also increased power imports by 5% to 204 MWh. The consultancy provided no explanation for the changes. Market sources say long, sunny days have allowed more power to be produced at solar plants, but the ongoing campaign of repairs at nuclear power units has forced the import of power at night. Ukraine had no power exports in June 2024 while imports were several times higher, ExPro noted. The consultancy said Ukraine had exported power to Hungary, Slovakia, Romania, Moldova and Poland. Ukraine started large power exports to EU before the Russian invasion in 2022 but then switched it off after Russia damaged Ukrainian power generating facilities.
Al Arabiya
a day ago
- Business
- Al Arabiya
Ukraine gas reserves exceed 8 billion cubic meters: Analyst
Gas reserves in Ukrainian storage facilities exceeded 8 billion cubic meters (bcm) as of June 28 but remain at the lowest level in the last 11 years, analysis firm ExPro said on Tuesday. Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country. ExPro said that storage facilities were almost 26 percent full, and the volumes were 19.6 percent, or by 1.9 bcm, lower than at the same date year earlier. The consultancy said gas injection volumes remained higher than last year and between June 1 and 28, 1.25 bcm of gas was pumped into storage facilities. It noted that since the beginning of this year's gas injection season on April 17, 2.6 bcm of gas had been pumped into storage facilities. Ukrainian energy minister said last month Ukraine had to import at least 4.6 bcm of gas for the 2025/26 winter heating season.
Yahoo
14-05-2025
- Business
- Yahoo
Ukraine gas reserves are at lowest level in 11 years, analyst ExPro says
KYIV (Reuters) -Gas volumes in Ukrainian storage facilities are at the lowest level in at least 11 years, standing at 6 billion cubic metres (bcm) as of May 11, analytical company ExPro said on Wednesday. Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country. ExPro noted that storage facilities, whose capacity exceed 30 bcm, were less than 20% full, compared to 31.7% at the same date in 2024, when they held 8.8 bcm of gas. It said that since the beginning of the current injection season in mid-April, 610 million cubic meters of gas had been pumped into storage facilities, including 258 million in April. "Injection volumes in May 2025 are higher than in May last year. Overall, more than 350 million cubic metres of natural gas have been injected into storage facilities since the beginning of the month, 33% more than in the same period last year," ExPro said. The company forecast that Ukraine could have about 6.6 bcm of gas in reserve by the end of May. The former head of the Ukrainian gas transit operator, Serhiy Makogon, said last month that the country needed to import up to 6.3 billion cubic metres of gas for the 2025/26 winter season as reserves have fallen to a record low due to war-related damage to some facilities. He said Ukraine would need up to $3 billion for gas purchases. Ukraine's state oil and gas firm Naftogaz has said it was in talks with the government and international financial institutions to raise 1 billion euros ($1.1 billion) to purchase over 2 bcm of gas for the 2025/26 heating season. Naftogaz has said it also contracted 300 mcm of American LNG with deliveries from Poland's Orlen.
Straits Times
14-05-2025
- Business
- Straits Times
Ukraine gas reserves are at lowest level in 11 years, analyst ExPro says
Employees work at a gas well of Ukraine's state energy company Naftogaz, as Russia's attack on Ukraine continues, in Lviv region, Ukraine October 1, 2022. REUTERS/Pavlo Palamarchuk/File Photo Ukraine gas reserves are at lowest level in 11 years, analyst ExPro says KYIV - Gas volumes in Ukrainian storage facilities are at the lowest level in at least 11 years, standing at 6 billion cubic metres (bcm) as of May 11, analytical company ExPro said on Wednesday. Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country. ExPro noted that storage facilities, whose capacity exceed 30 bcm, were less than 20% full, compared to 31.7% at the same date in 2024, when they held 8.8 bcm of gas. It said that since the beginning of the current injection season in mid-April, 610 million cubic meters of gas had been pumped into storage facilities, including 258 million in April. "Injection volumes in May 2025 are higher than in May last year. Overall, more than 350 million cubic metres of natural gas have been injected into storage facilities since the beginning of the month, 33% more than in the same period last year," ExPro said. The company forecast that Ukraine could have about 6.6 bcm of gas in reserve by the end of May. The former head of the Ukrainian gas transit operator, Serhiy Makogon, said last month that the country needed to import up to 6.3 billion cubic metres of gas for the 2025/26 winter season as reserves have fallen to a record low due to war-related damage to some facilities. He said Ukraine would need up to $3 billion for gas purchases. Ukraine's state oil and gas firm Naftogaz has said it was in talks with the government and international financial institutions to raise 1 billion euros ($1.1 billion) to purchase over 2 bcm of gas for the 2025/26 heating season. Naftogaz has said it also contracted 300 mcm of American LNG with deliveries from Poland's Orlen. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Reuters
14-05-2025
- Business
- Reuters
Ukraine gas reserves are at lowest level in 11 years, analyst ExPro says
KYIV, May 14 (Reuters) - Gas volumes in Ukrainian storage facilities are at the lowest level in at least 11 years, standing at 6 billion cubic metres (bcm) as of May 11, analytical company ExPro said on Wednesday. Ukraine has been forced to ramp up gas withdrawals from storage and increase imports this winter and spring after Russian missile attacks damaged production facilities in the east of the country. ExPro noted that storage facilities, whose capacity exceed 30 bcm, were less than 20% full, compared to 31.7% at the same date in 2024, when they held 8.8 bcm of gas. It said that since the beginning of the current injection season in mid-April, 610 million cubic meters of gas had been pumped into storage facilities, including 258 million in April. "Injection volumes in May 2025 are higher than in May last year. Overall, more than 350 million cubic metres of natural gas have been injected into storage facilities since the beginning of the month, 33% more than in the same period last year," ExPro said. The company forecast that Ukraine could have about 6.6 bcm of gas in reserve by the end of May. The former head of the Ukrainian gas transit operator, Serhiy Makogon, said last month that the country needed to import up to 6.3 billion cubic metres of gas for the 2025/26 winter season as reserves have fallen to a record low due to war-related damage to some facilities. He said Ukraine would need up to $3 billion for gas purchases. Ukraine's state oil and gas firm Naftogaz has said it was in talks with the government and international financial institutions to raise 1 billion euros ($1.1 billion) to purchase over 2 bcm of gas for the 2025/26 heating season. Naftogaz has said it also contracted 300 mcm of American LNG with deliveries from Poland's Orlen ( opens new tab.
