From April 26 to May 29, 2023, Naftogaz of Ukraine NJSC purchased 395 mcm of natural gas from Ukrainian production on the Ukrainian Energy Exchange (UEEX). This was announced by the chairman of the board of Naftogaz, Oleksiy Chernyshov, confirming the ExPro data.
Thus, according to ExPro calculations, the company purchased most of the gas with delivery in UGS - more than 290 mcm, and the rest - with delivery on VTT. Purchase prices during the month were 10,584 - 10,972 UAH/tcm (without VAT).
"The transparent gas market within the country motivates private companies to increase their production. That is why the Naftogaz Group goes to the stock exchange almost every day, buying various volumes of fuel, from hundreds of thousands of cubes to millions," said Oleksiy Chernyshov.
The main goal of Naftogaz for the heating season 2023/24 is to abandon gas imports and spend the winter on its own energy carriers. According to Chernyshov, for this, it is necessary to create the necessary fuel reserves. Ukrgazvydobuvannya has to provide most of it up to 13.5 bcm.
Naftogaz expects the rest from private producers. One may remind that during the war, the export of self-produced gas from Ukraine is prohibited.
"This may be an unpopular, but justified decision: first we must be sure that we have accumulated enough gas for our own needs," said the head of Naftogaz.