Naftogaz released quarterly statistics: no gas imports in Q2 2016

Naftogaz of Ukraine did not import gas to Ukraine in the second quarter of 2016. Naftogaz has restarted gas imports with its own funds in July.

Naftogaz of Ukraine did not import gas to Ukraine in the second quarter of 2016. Naftogaz has restarted gas imports with its own funds in July.

Over the preceding three quarters, Ukraine imported 7.4 bcm of gas, of which 5.0 bcm came from European suppliers and the remaining 2.4 bcm coming from Russia.

The provided information is based on actual costs of Naftogaz confirmed by customs declarations submitted to relevant state bodies of Ukraine.

The company releases such quarterly statistics during the second month following the corresponding quarter.

Natural gas prices specified in the tables do not include the cost of capacity booking at the entry points to the gas transmission system of Ukraine. From 1 January 2016, the state regulator NUERC set this value at USD 12.47/tcm.

Naftogaz provides quarterly data on weighted average import prices and monthly data on imported gas volumes.

Weighted average price of gas imports by Naftogaz
aggregated by quarter, USD per thousand cubic meters (USD/tcm)

Period of gas delivery From all directions, including cost of transmission to the Ukrainian border From Europe, including cost of transmission to the Ukrainian border From Europe, at the delivery point
Q2 2016 - - -
Q1 2016 198 198 191
Q4 2015 228 232 224
Q3 2015 266 266 258

Volume of gas imports by Naftogaz
aggregated by month, billion cubic meters (bcm)

Month Volume of importsfrom all directions, bcm Volume of importsfrom Russia, bcm Volume of importsfrom Europe, bcm
June 2016 0,00 0,00 0,00
May 2016 0,00 0,00 0,00
April 2016 0,00 0,00 0,00
March 2016 0,24 0,00 0,24
February 2016 0,97 0,00 0,97
January 2016 0,80 0,00 0,80
December 2015 0,02 0,00 0,02
November 2015 0,83 0,39 0,44
October 2015 2,18 2,00 0,18
September 2015 0,76 0,00 0,76
August 2015 1,03 0,00 1,03
July 2015 0,57 0,00 0,57
Total 7,40 2,39 5,01

Note. Totals may not add up due to rounding.

Within the quarterly report, Naftogaz also discloses the maximum price of gas purchased from European suppliers during each month. Data on individual suppliers are aggregated within each month.

Maximum price of gas imported from Europe by Naftogaz
aggregated by month and individual suppliers within each month, USD/tcm

Month Maximum price, including cost of transportation to the Ukrainian border Maximum price, at the delivery point
June 2016 - -
May 2016 - -
April 2016 - -
March 2016 189 183
February 2016 203 196
January 2016 211 204
December 2015 209 202
November 2015 233 225
October 2015 242 235
September 2015 263 255
August 2015 281 273
July 2015 283 275




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