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150 billion cubic meters of gas need investments in Ukraine, - Prime Minister

Groysman also reminded that Ukraine got more gas for the last year and the half of 2016 that for the previous period in 700 million cubic meters
17:17, 26 July 2018

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44 areas with 150 billion cubic meters of gas that need the investments are prepared in Ukraine as Prime Minister Volodymyr Groysman said.

The Prime Minister noted that the strategic task of Ukraine is a total refusal from the gas import and the development of its own explorations.

"As soon as we refuse from the import, we will strongly decrease the prices for gas and we will not be influenced by the international conjuncture of the prices for gas. It is our strategic task. It is not the handouts and discounts but the systematic final decrease of the prices that is possible only when we will extract gas in the amount needed by Ukraine, population and industry," Groysman emphasized.

Related: Will Ukraine's gas transportation system stay under Naftogaz?

According to him, now 44 areas with 150 billion cubic meters of gas prepared in Ukraine.

"We already have 44 prepared areas with 150 billion cubic meters of gas that need the investments, new technologies where the Ukrainians will work. We will be able to obtain our independence from any state," Groysman emphasized.

According "Derzhgeonadry", the initial cost of the licenses for the prepared 44 areas is about $112,654 million and the total square of the areas is more than 13, 000 cubic kilometers. As the prime minister noted, it is important to hold all preparatory works to start the auctions as soon as possible.

Related: EU 'positive' on Russia-Ukraine gas talks

He also reminded that Ukraine got more gas for the last year and the half of 2016 that for the previous period in 700 million cubic meters.

"UkrgazVydobuvannia" plans to renew the extraction of the gas at the abandoned explorations in Western Ukraine. The enterprise resumed the work in the prospecting of the explorations.

Related: EU, US support Ukraine’s interests in gas transit, - Poroshenko

As we reported Russia increased the volumes of the transit of gas via Ukraine's gas transportation system - to 300 million cubic meters as the scheduled maintenance works at Nord Stream pipeline began, the object is temporarily shut down.

Recently, during the gas negotiations in Berlin, both Ukrainian and Russian delegations recognized the need of new kinds of contracts for gas transit. Maroš Šefčovič, the European Energy Union's Vice President told that to reporters as quoted by Interfax news agency. 

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