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Pipeline Pulse > Oil > Naftogaz Eyes British Partnerships to Increase Fuel Manufacturing
Oil

Naftogaz Eyes British Partnerships to Increase Fuel Manufacturing

Editorial Team
Last updated: 2025/03/24 at 8:46 AM
Editorial Team 4 months ago
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Naftogaz Eyes British Partnerships to Increase Fuel Manufacturing
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Ukrainian state-owned oil and gasoline firm Naftogaz Group mentioned it plans to collaborate with British corporations to boost pure gasoline manufacturing in Ukraine.

Naftogaz chair Roman Chumak relayed the plans to United Kingdom Ambassador to Ukraine Martin Harris at a gathering in Kyiv, throughout which they mentioned preparations for the 2025-26 heating season and prospects for increasing cooperation.

The corporate is strengthening efforts to assist guarantee power safety regardless of continued Russian assaults on important infrastructure, Chumak instructed the envoy.

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“Harris assured Naftogaz of the UK’s help and acknowledged its pivotal function in sustaining Ukraine’s power safety”, Naftogaz mentioned in a web-based assertion.

“The UK stays a steadfast companion and buddy to Ukraine, which continues to endure relentless enemy aggression”, Harris was quoted as saying.

Ukraine had 11.97 terawatt hours (tWh) of saved gasoline as of Saturday, representing a filling degree of three.76 p.c, in accordance with a web-based dashboard of the European Community of Transmission System Operators for Fuel. On the finish of final yr Ukraine had 52.6 tWh of saved gasoline. It has not made an injection since November, based mostly on the monitoring software.

Earlier this month Naftogaz secured about 200 million cubic meters (7.06 billion cubic ft) of gasoline from Polish majority state-owned built-in oil and gasoline firm ORLEN SA.

The availability, dedicated beneath two contracts, is a part of a liquefied pure gasoline (LNG) cooperation deal between the 2 corporations to assist diversify Ukraine’s power sources.

In a press launch March 18 saying the second gasoline provide contract, Naftogaz mentioned, “The gasoline can be transported to Ukraine in April and can be used to create strategic gasoline reserves, that are essential for Ukraine’s power safety and for making certain the secure passage of the following heating season”.

ORLEN procured an LNG cargo from the US and can regasify this for switch on the Polish-Ukrainian border, ORLEN mentioned individually.

In the meantime their broader LNG cooperation settlement “is a framework association geared toward strengthening cooperation to boost Ukraine’s power safety by means of the diversification of gasoline provide sources and routes to the nation”, in accordance with an announcement by ORLEN March 7.

Robert Soszynski, vp of ORLEN’s administration board for operations, mentioned on the time, “Our relationship can be based mostly on industrial phrases, however securing an extra supply of gasoline is significant for Ukraine additionally from the viewpoint of its safety”.

“It’s by means of diversification that ORLEN ensures secure and aggressive gasoline provides for Polish shoppers and generally is a dependable companion for international counterparties”, Soszyński added.

Chumak mentioned then, “Ukraine has a strong gasoline transportation system and Europe’s largest underground storage amenities, providing distinctive alternatives for LNG market enlargement”.

“Partnering with ORLEN strengthens power safety, diversifies provide routes, and accelerates Ukraine’s integration into the European gasoline market”, Chumak added.

In 2024 Naftogaz produced 13.9 billion cubic meters (Bcm) of gasoline, up from 13.2 Bcm in 2023.

Naftogaz, by means of subsidiary JSC Ukrgasvydobuvannya, commissioned 83 wells – 60 for manufacturing and 23 for exploration – final yr, Naftogas mentioned.

“In 2024, the corporate expanded directional drilling, which facilitated gasoline manufacturing in hard-to-reach areas”, it mentioned.

To contact the creator, e mail jov.onsat@rigzone.com


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Editorial Team March 24, 2025
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