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Ukraine’s rates of gas injection to UGS behind prior year ones — Gazprom CEO

MOSCOW, May 17. /TASS/. Rates of gas injection to Ukraine’s underground storages (UGS) are behind the prior year ones, 230 mln cubic meters less were injected, Chief Executive Officer of the Russian gas holding Gazprom Alexei Miller said on Tuesday.

"Injection to underground storages in Europe is taking part at high rates, which is related to price factors in particular. Active gas volume in European UGS is 23.1% above the last-year level. At the same time, injection rates in Ukraine lag behind even the prior year ones - 230 mln cubic meters less of gas were injected to UGS, compared to the same date in 2015," Miller said.

Ukraine needs to inject 9-10 bln cubic meters of natural gas into UGS by this fall to secure transit and have at least 17 bln cubic meters of gas in UGS, Russian Energy Minister Alexander Novak said earlier. Ukraine’s natural gas consumption declined significantly, he added.