News Feed

Shmyhal: Ukraine aims to produce 15 billion cubic meters of gas in 2024

2 min read
Shmyhal: Ukraine aims to produce 15 billion cubic meters of gas in 2024
Prime Minister Denys Shmyhal delivers a speech to the Verkhovna Rada on Oct. 6, 2023. (Andrii Nesterenko/Global Images Ukraine via Getty Images)

Ukraine's state-owned oil and gas giant Naftogaz aims to produce 15 billion cubic meters of natural gas in 2024, Prime Minister Denys Shmyhal said at the meeting of the Cabinet of Ministers on March 1.

Shmyhal said that the increase in domestic natural gas production is one of the key objectives of Ukraine’s energy strategy in 2024.

Ukraine got through the winter using only domestic gas production for the first time in history in 2023-2024, Naftogaz’s CEO Oleksiy Chernyshov said on March 1.

According to Chernyshov, Ukraine had 16 billion cubic meters of gas in reserve in October, which helped to pass the winter without importing.

"On the first day of spring, it is important to say that the energy system remains stable. There are no restrictions applied to consumers," Shmyhal said.

According to Shmyhal, Naftogaz launched 86 new wells in 2023.

Ukraine currently has more than 8.5 billion cubic meters in its underground storage facilities, according to Shmyhal. More than 1 million tons of coal has also been stored, he added.

"We must complete this heating season with confidence, and we will begin preparation for the next winter immediately, "Shmyhal said.

Naftogaz earlier reported that its production branch, Ukrgasvydobuvannya, had increased the daily production rate of domestic natural gas by 11% in 2023. This figure has been the biggest since April 2019.

Ukrgasvydobuvannya also hit a record level of daily gas production for the first time over the past five years. The company reached 38.54 million cubic meters of commercial gas produced per day, Naftogaz announced in February.

‘Shock therapy:’ War tourism in Ukraine attracts foreigners to see scars of Russia’s invasion
Driving out of Kyiv the roads tell the dark history of the early days of Russia’s full-scale invasion. A low buzzing sound echoes across the highway as hundreds of cars drive toward the suburb of Bucha. “It’s from tanks and heavy vehicles. They left these cuts in the
Article image
Avatar
Kateryna Hodunova

News Editor

Kateryna Hodunova is a News Editor at the Kyiv Independent. She previously worked as a sports journalist in several Ukrainian outlets and was the deputy chief editor at Suspilne Sport. Kateryna covered the 2022 Olympics in Beijing and was included in the Special Mentions list at the AIPS Sport Media Awards. She holds a bachelor's degree in political journalism from Taras Shevchenko University and a master's degree in political science from the National University of Kyiv-Mohyla Academy.

Read more
News Feed
 (Updated:  )

Andrii Parubii, a Ukrainian politician who previously served as the parliament speaker and played a prominent role in the EuroMaidan Revolution, was shot dead in Lviv on Aug. 30.

Video

What’s it really like to live in a Ukrainian village during wartime? Masha Lavrova leaves the capital, Kyiv, and moves to a village to explore authentic Ukrainian rural life. She tries to survive for a month on a $500 budget — the average Ukrainian salary. Follow Masha’s bumpy journey to her new home in a village in Kyiv Oblast in the first episode.

Show More