Gas production in Ukraine slashed by 2%, down to 19.8 bcm in 2021
In 2021, Ukraine reduced natural gas production by 2.2% (440 mcm), yielding only 19.79 bcm, according to data obtained by ExPro. This is the lowest value in the last 10 years.
The decline in production was primarily in the public sector. The largest Ukrainian producer, the state-owned JSC UkrGasVydobuvannya (UGV), produced 13.665 bcm of natural gas during 2021, by 4%, or by 570 mcm, less than in 2020. The company's annual average daily production of natural gas was at 37.4 mcm, albeit in December 2021 it was steadily higher than 38 mcm per day. The share of the UGV in the national annual production of natural gas by the end of 2021 was 69%. Conversely, the Ukrainian private oil&gas sector was steadily demonstrating a growth in the national production of natural gas.
13:43 / 4 January 2022
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ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
