The government currently provides indirect financial support to Naftogaz in the form of lowering gas rents and reimburses the group for costs associated with assigning special responsibilities for the provision of public services.
Ukraine started the heating season with gas reserves of 14 billion cubic meters in underground storage facilities. However, in order for our country to survive the winter period in a stable manner, it needs to import another 2 billion cubic meters of “blue fuel”. This is stated in the text of the IMF Memorandum under the new Monitoring Program for Ukraine.
“The need to import at least 2 billion cubic meters of gas in the coming months to ensure the heating season and to meet the increase in gas use in its electricity generation structure puts pressure on Naftogaz’s finances,” the document says.
It is noted that the government is currently financially supporting Naftogaz:
- lower gas rent
- reimbursement of a group of expenses associated with the introduction of special obligations for the provision of public services (PSO).
“If an adverse scenario occurs that requires large volumes of gas imports, we will ensure that funds are mobilized from the relevant financing sources,” the Memorandum of Understanding says.
Buy gas. What happens to natural gas production during war?
Although there were no large-scale attacks on gas networks, attacks on important gas installations continued in the fall of 2022. We are talking about the hit of a Russian missile on November 17 at one of the gas production facilities of the Ukrgazvydobuvannya company, which is part of the Naftogaz group. However, the damage there did not have a serious effect on the gas pumping rate.
“There the compressor station was damaged but not critically damaged. Our gas production was damaged mostly on the front or where the occupation was., there is more damage there. “This time, the operational capacity of the system was quickly restored,” said Alexander Kharchenko, director of the Energy Research Center.
In general, all is not so bad with gas production. Despite hostilities, Ukrgazvydobuvannya’s plants continue to operate in the east of the country – in October, the company drilled a new well in the Kharkiv region with a debt of more than 140,000 cubic meters. m gas per day. After the occupation of the territory of the Kharkiv region by the Armed Forces of Ukraine, the company quickly restored production, which was not possible during the occupation.
“Ukrgazvydobuvannya employees have restarted the operation of various infrastructure facilities in the occupied territory of Ukraine and are preparing to start others. As a result, there will be additional production of about 500,000 cubic meters of natural gas per day,” the company said in a statement. a phrase.
Earlier it was learned that the Cabinet of Ministers will allocate UAH 14 billion to local budgets in the form of subsidies, which will help to control the increase in heating and hot water prices during the heating season.
It was also reported why Ukrainians will have to pay more for heating in 2023.
Source: Focus
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