PM Shmyhal: Underground storage facilities contain about 9.5 bcm of gas

The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal in his video address, an Ukrinform correspondent reports.

“Gas reserves are about 9.5 billion cubic meters. Gas imports from Hungary, Slovakia and Poland are underway,” Shmyhal told.

Gas production operations are also underway within those facilities, which are not located within the contact line.

Shmyhal also noted that the Ukrainian government had recently submitted a draft law to the Verkhovna Rada of Ukraine to reduce an excise tax on fuel and a VAT rate from 20% to 7%. Such a significant reduction is expected to stabilize prices and prevent shortages. The Cabinet of Ministers of Ukraine is also considering the reduction in VAT to 0% if the logistical expenses of fuel suppliers continue to grow.

According to Shmyhal, they are now holding talks with the largest global companies on gasoline and diesel fuel supplies to Ukraine.

Currently, four nuclear power plants, all hydro power plants and thermal power plants are running in Ukraine. The Ukrainian government has also agreed on additional coal supplies by rail from Poland.

Photo: Naftogaz

mk