“In 2024, Ukraine increased gas production by 2.2% to 19.12 billion cubic meters.”, — write: epravda.com.ua
In 2024, Ukraine increased gas production by 2.2% to 19.12 billion cubic meters. This is evidenced by ExPro calculations. It is noted that the rate of growth of production volumes in 2024 is greater than in 2023, when production increased by 0.9%. “In addition, this is the highest increase in production since 2018. In the period from 2019 to 2022, the volume of gas production decreased,” writes ExPro.Advertisement: In 2022, natural gas production in Ukraine collapsed by 6% due to a full-scale invasion of the Russian Federation. As early as 2023, companies were able to show an increase in gas production volumes, primarily state-owned, the publication adds. At the same time, state-owned companies remained the main driver of the increase in natural gas production in Ukraine in 2024 as well. Thus, the country’s largest gas production company – the state JSC “Ukrgazvydobuvannya” – produced 14.55 billion cubic meters of gross natural gas last year, which is 4.6% more than in 2023. (over 13.9 billion cubic meters).Advertisement: Ukrgazvydobuvannya’s production volumes in 2024 are the highest in 6 years, when the company’s production was 14.9 billion cubic meters in 2019. At the same time, Ukrnafta produced 1.17 billion cubic meters of natural gas last year – 6.6% more than in 2023 (almost 1.1 billion cubic meters). For the company, this is the largest volume of natural gas production since 2016. “Private companies, on the other hand, reduced the volume of natural gas production by 8% – to more than 3.4 billion cubic meters. The production of private companies is at the lowest level since at least 2016,” ExPro writes. is due to the blocking of special permits, in particular “Ukrnaftoburinnia”, which has not produced natural gas since December 2023. until August 2024. “In August, “UNB” resumed production, which led to an increase in natural gas production by private companies compared to last year. However, in November, the State Geological Survey again suspended the Smart Energy special permits,” the publication summarizes.