The gas exploration well was opened through Naftogaz's daughter company cr cr cr cr cr crested to exploit 383,000m3.
Naftogaz accounts for a large part of Ukraine's gas production. However, the company's production facilities were severely damaged by multiple Russian missile airstrikes earlier this year, causing a 40% drop in production.
At the same time, the company also signed agreements to purchase liquefied natural gas (LNG) from the US through Poland's Orlen Group in the context of Ukraine needing to import large amounts of gas in preparation for the 2025-2026 winter after storage facilities were almost completely destroyed in Russian attacks.
We are gradually increasing domestic production and strengthening Ukraines energy autonomy, CEO Naftogaz Sergii Koretskyi affirmed.
According to data from Naftogaz, Ukragasvydobuvannya lost about 50% of their output due to shelling. Ukrgasvydobuvannya is aiming to increase commercial gas production to 13.9 billion cubic meters by 2024, up from 13.2 billion cubic meters in 2023, and put 83 new wells into operation despite conflict conditions.
Before the conflict, Ukraine produced 52 million cubic metres of gas per day but needed 110-140 million cubic metres in the winter months as underground warehouses were not enough to meet demand.
To ensure winter supply, Naftogaz has signed four contracts with Poland's Orlen to purchase 440 million cubic meters of LNG from the US. The latest deal, announced on July 2, added 140 million square meters.
It is estimated that in 2025, Ukraine can import a record 5 billion cubic meters of gas from Europe.
