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capacity. Vitrenko added that it is economically more profitable for Naftogaz to help launch such projects now than it is to import gas for this heating season.
Ukraine wants to receive a $1.5bn loan from the US Export-Import Bank, which it intends to spend on gas purchases, Bloomberg reports . This topic was discussed yesterday, September 9, during a conversation between Ukrainian Prime Minister Denys Shmyhal and US Treasury Secretary Janet Yellen.
Representatives of the two countries discussed energy security, including the upcoming heating season. Ms. Yellen stated the need to identify "high-impact projects that are critical to the recovery of the Ukrainian economy." The head of Naftogaz, Yuriy Vitrenko, said earlier that on November 1, Ukraine could have 15bn cubic metres in storage. m of gas.
In July, the European Union (EU) approved assistance to Ukraine in the amount of up to €9bn, but so far only a tranche of €1bn has been sent to the country. guaranteed loans. About €4bn more will be sent in the form of grants. EU finance ministers yesterday, September 9, approved this plan.
The gas storage is filled below 40%. By November, the stored volumes will reach 15bn m3. Even if economic activity is disrupted, Ukraine needs more gas and is asking the US for a $1.5bn loan to buy gas.
Ukraine and Romania will strengthen their cooperation in the gas and light oil product markets. Deputy Minister of Energy Mykola Kolisnyk and State Secretary of the Ministry of Energy of Romania George Niculescu have agreed on cooperation in the development of natural gas markets and systemic support in the light petroleum product market. “It is possible to ensure the safety of the supply of energy carriers through joint efforts, particularly in the diversification of natural gas supply routes," the Deputy Minister of Energy stressed. Kolisnyk also met with Ion Sterian, CEO of the Romanian operator of the Transgaz gas transportation system. They discussed issues of regional cooperation and the necessary steps to intensify the attraction of new natural gas supply routes and the introduction of new storage and supply methods for the needs of both the internal market and the EU.
The US will give Ukraine twobn cubic metres of gas. By the beginning of October, gas reserves in Ukraine's storage facilities will reach 15.5bn cubic metres. In addition, there are agreements with the US to receive twobn cubic metres of gas as well as ongoing negotiations with Norway for further gas provision to Ukraine. As Prime Minister Denys Shmyhal explained, this will allow a stable supply of gas for the heating season. Ukraine is also increasing its coal reserves. Currently, 2.2mn tons of coal have been accumulated. By the beginning of the heating season, the stockpile will equal 2.5mn tons, the maximum that can be stored in warehouses. The head of the government added that alternative types of fuel, such as wood, are also being actively collected.
Gazprom supplies gas for Europe through Ukraine in the volume of 42.3mn cubic metres per day via the Sudzha gas pumping station, a Gazprom representative told reporters, adding that the request for pumping through Sokhranovka had been rejected by the Ukrainian side. "Gazprom supplies Russian gas for transit through Ukrainian territory in the volume confirmed by the Ukrainian side via the Sudzha gas pumping station of 42.3mn
58 UKRAINE Country Report October 2022 www.intellinews.com