28.03.2024

The cost of natural gas on European hubs (Day-ahead):

TTF – 27.60 EUR/MWh ($317) (+1.8%)

THE – 27.59 EUR/MWh ($317) (+1.2%)

CEGH – 28.94 EUR/MWh ($333) (+3.6%)

PEG – 27.53 EUR/MWh ($317) (+2.0%)

The cost of natural gas on European hubs (Futures Month April):

TTF – 27.65 EUR/MWh ($318) (+1.8%)

THE – 27.84 EUR/MWh ($320) (+1.6%)

CEGH – 28.51 EUR/MWh ($328) (+0.8%)

PEG – 27.45 EUR/MWh ($316) (+1.6%)

Results of natural gas purchase from domestic production by the Naftogaz Group:

March 2024

Volume - 0 million cm

Total purchased since April 26, 2023 - 1 123.5 million cm

Ukraine has 1.1 trillion cm of natural gas - BP

10/07/18

According to refreshed data from the world-famous annual survey BP Statistical Review of World Energy 2018, proven natural gas reserves in Ukraine are estimated at 1.1 trillion cm. Our country is the second only after Norway.

Each year Ukraine produces less than 2% of its gas reserves. At this level of extraction of our own deposits, we sufficient of them for the period of 54 years. According to this indicator of self-sufficiency (R / P ratio), Ukraine ranks first in Europe, where the average value is 12 years.

It proves once again that Ukraine needs to produce more of its own gas and is able to do so in several times more intensively by attracting more investment and modern technologies into the industry.

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