Page 18 - FSUOGM Week 25

FSUOGM NEWS IN BRIEF FSUOGM

construction period was 12 days with an EASTERN EUROPE compared with 16.9 bcm it had stored for
LEL of 0%. This was achieved thanks to the the previous cold period.
use of the Technical Limit program Ukraine reports strong Ukraine boosted its natural gas stocks in
At the Urengoyskoye oil and gas underground storage facilities by 2.3 times,
condensate field (customer Arktikgaz): natural gas reserves or 11.131 bcm, to 19.877 bcm from early
• A record for the construction of sub- April to September 21, according to data
horizontal wells for Achimov deposits was Natural gas stocks in Ukrainian underground published by the nation’s state-owned gas
set gas storage facilities amounted to about 19bn operator Ukrtransgaz.
• A well with a depth of 5,576-metre cubic metres as of June 2020, according to
and a sub-horizontal length of 1,589-metre the CEO of Ukraine’s state-owned natural gas
was drilled in 40 days, 20 days ahead of monopoly Naftogaz, Andriy Kobolev.
schedule and with an NPS of 0% He said that by the end of the injection Black Sea Trade and
At the Salmanovskoye (Morning) oil and season it is planned to reach a new record,
gas condensate field (customer Arctic LNG news agency Interfax reported on June 18. Development Bank will
2): “We are actively working to increase the
• A record time for construction of a volume of gas storage by foreign companies finance projects of
sub-horizontal well was the first ERIELL in Ukrainian storages. Actually, this is
record for this new project happening now. As of June, the volume in Ukraine’s Ukrgasbank,
• A well with a depth of 4,986-metre and storages is approaching 19bn cubic metres,
a sub-horizontal length of 1,477-metre was which is a relatively positive indicator. We Galnaftogaz, Metinvest
drilled in 40 days, nine days ahead of the hope to reach a new record at the end of
planned construction time and with an LEL this pumping season,” he said. The Black Sea Trade and Development
of 0%. During the previous heating season Bank will finance projects of the Ukrainian
(2019-2020), Ukraine, concerned about companies Ukrgasbank, Galnaftogaz and
ERIELL GROUP (RUSSIA) a possible fall in Russian gas transit last Metinvest, as well as the construction of a
winter, planned to stockpile at least 20 school in Kyiv, Interfax Ukraine reported on
bcm of gas for the coming heating season June 23.

P18 www. NEWSBASE .com Week 25 24•June•2020