05:12 GMT29 May 2020
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    Ukraine's Energy Minister Volodymyr Demchyshyn said that Naftogaz has come up with its estimate of the balance that Ukraine will need to purchase 11-13 billion cubic meters of gas this year.

    KIEV(Sputnik) — Ukraine estimates it needs to purchase 11-13 billion cubic meters of natural gas in 2016 and Kiev hopes to get this volume through reverse supplies, Ukraine's Energy Minister Volodymyr Demchyshyn said Wednesday.

    "Naftogaz has come up with its estimate of the balance, we understand that we will need to purchase 11-13 billion cubic meters of gas this year, but, in principle, we can procure such volume through reverse supplies," Demchyshyn told journalists.

    In October 2015, Ukraine's energy company Naftogaz said that the country was completing the purchase of gas from the Russian energy giant Gazprom, and a decision to continue to import gas from this supplier would depend on the price.

    The following month, Ukraine halted purchases of Russian gas, saying the pricing offered by its European partners was much lower than that offered by Moscow.

    Kiev Mayor Vitaliy Klichko said last week that Ukraine had enough gas reserves for this winter heating season in underground gas storages.

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    Tags:
    gas, Naftogaz, Volodymyr Demchyshyn, Ukraine
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