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Ternopil. Ukraine extracts about 20 billion cubic meters of fossil gas each year, and since 2022 this has almost met demand. [1] Ukraine has been estimated to possess natural gas reserves of over 670 billion cubic meters (in 2022), [2] and gas is an important part of energy in Ukraine.
There is some disagreement on which country has the largest proven gas reserves. Sources that consider Russia in possession of the world's largest proven reserves include the US CIA (47,600 cubic kilometers), [ 2 ] the US Energy Information Administration (EIA) (49,000 km 3 ), [ 3 ] and OPEC (48,810 km 3 ). [ 4 ]
Ukraine has been estimated to possess natural gas reserves of over 670 billion cubic meters (in 2022), [15] and gas is an important part of energy in Ukraine. In 2021, Ukraine produced 19.8 billion cubic meters (bcm or Gm 3) of natural gas. To satisfy domestic demand of 27.3 bcm that year, Ukraine relied on gas imports (2.6 bcm) and withdrawal ...
Ukrainian natural gas production facilities were damaged in a Russian attack on Ukraine's central Poltava region overnight, the state-run oil and gas firm Naftogaz and Energy Minister German ...
Natural gas extraction by countries in cubic meters per year. Countries by natural gas proven reserves (2014), based on data from The World Factbook. This article includes a chart representing proven reserves, production, consumption, exports and imports of natural gas by country. Below the numbers there is specified which position a country ...
Ukraine now faces the loss of some $800 million a year in transit fees from Russia, while Gazprom will lose close to $5 billion in gas sales, according to the news agency.
Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.
The Yuzivska gas field (Ukrainian: Юзівське газове родовище) is an unconventional Ukrainian natural gas field that was discovered in 2010. It was expected to begin production in 2017, but development was halted because of the outbreak of the 2014 war in the Donbas region near the field, a sharp plunge in European natural gas prices (making the costly shale gas development ...