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Ukraine to take over 11.5 billion cubic meters of gas from its underground storages

This relates to the period from October 2014 - March 2015

KIEV, September 18. /ITAR-TASS/. Ukraine plans to take 11.585 billion cubic meters of gas from its underground storage facilities in October 2014 - March 2015, according to a forecast, the country’s Energy Ministry reported Thursday.

The forecast is based on absence of natural gas imports from the Russian Federation. Ukraine’s own gas production is expected in the volume of 10.2 billion cu m.

The ministry said as of September 16, gas reserves in the Ukrtransgaz company’s underground storage facilities total 16.32 billion cu m.

Imports of gas for the period are forecast in the volume of 6.2 billion cu m.

Russian state-controlled energy giant Gazprom on June 16 switched Ukraine’s national oil and gas company Naftogaz to prepayment for gas supplies because Kiev failed to pay part of its gas debt by the deadline of 10:00 Moscow Time on June 16.

Gas supplies to Ukraine were halted, but transit volumes to European consumers were reportedly passing via Ukraine in line with the schedule.