PM instructs Ukraine's largest gas producers to increase domestic extraction

Source : 112 Ukraine

He noted that the government has provided all the tools for this
15:58, 6 October 2021


Prime Minister Denys Shmygal instructed Naftogaz and UkrGasBydobuvannya to increase Ukraine's gas production during a government meeting.

“The government sets a clear task for the management of Naftogaz and UkrGasBydobuvannya to increase our own gas production,” Shmygal stated.

He noted that the government has provided all the tools for this: transferred plots for production, issued licenses for production and distribution of products.

“Increasing such production is a matter of national security,” he said.

As it was reported earlier, Finance Minister of Ukraine Serhiy Marchenko stated that high prices for gas in Europe are the reason for extra fiscal risks for Kyiv. Due to this, it is necessary to write clarifications to the State Budget for 2022 and the talks on this issue are held with the International Monetary Fund (IMF).

It is important to note, that the price for gas at the futures market in Europe has beaten another record. For the first time ever, it has reached $1,600 per 1,000 cubic meters for the first time ever.

Related: GTS Operator head asks NATO to guarantee transit of Russian gas through Ukraine

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