NATGAS: Ukraine needs 5 Bcm of gas imports in 2025 after Russian attacks
May-19 17:34
Ukraine needs to import up to 5 Bcm of gas in 2025 to replenish storage ahead of next winter, following Russian attacks that severely disrupted domestic production, Platts reported citing DTEK.
- Maxim Timchenko, CEO of DTEK, Ukraine’s largest private energy company, stated that 1 Bcm has already been imported, with the remaining volumes expected by year-end.
- After the Russia-Ukraine gas transit agreement expired on Jan. 1, attacks intensified, reducing Ukrainian gas output by 40% in February.
- Ukraine is turning to European imports despite high gas prices.
- The country has the largest gas storage capacity in Europe, at 31 Bcm, but stocks depleted rapidly over the last winter. As of May 17, total Ukrainian gas stocks were around 6.1 Bcm.
- DTEK aims to increase production to 3 Bcm/y, though investors remain cautious. Discussions on restoring Ukraine’s gas transit system under new conditions, excluding Russian gas, continue.
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Apr-18 05:18
| Date | Time | Country | Event |
| 25-Apr | 0745 | FR | Manufacturing Sentiment |
| 29-Apr | 0700 | DE | GFK Consumer Climate |
| 29-Apr | 0800 | ES | HICP (p) / GDP |
| 29-Apr | 0900 | EU | M3 / Consumer Expectations Survey |
| 29-Apr | 0900 | IT | ISTAT Confidence Indices |
| 29-Apr | 1000 | EU | Consumer Confidence, Industrial Sentiment |
| 30-Apr | 0630 | FR | GDP (p) / Consumer Spending |
| 30-Apr | 0700 | DE | Import/Export Prices / Retail Sales |
| 30-Apr | 0745 | FR | HICP (p) / PPI |
| 30-Apr | 0855 | DE | Unemployment |
| 30-Apr | 0900 | DE | GDP (p) / State level CPI |
| 30-Apr | 0900 | IT | GDP (p) |
| 30-Apr | 1000 | EU | GDP preliminary flash est. |
| 30-Apr | 1000 | IT | HICP (p) |
| 30-Apr | 1100 | IT | PPI |
| 30-Apr | 1300 | DE | HICP (p) |
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Apr-18 05:16
JGB futures are stronger, +18 compared to settlement levels, sitting near the middle of the range after a choppy session.
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- On Monday, the local calendar will see Tokyo Condominiums for Sale data.
