Ukraine Gas Usage Falls by 19% in December

Ukrainian natural gas usage fell by 19% in December compared to the same period in 2013, suggesting that the measures taken by Naftogaz turned out to be successful.  

‘In December 2014 Ukrainian industrial consumers, district heating enterprises, government financed institutions and households collectively consumed 5.3 billion cubic meters (bcm) of natural gas, compared to 6.7 bcm in December 2013, a drop of 19% in data excluding Crimea’ reads a note released on Tuesday. 

Similarly, households consumed 12% less gas than in December 2013. 

Last September, Naftogaz said it would have raised energy prices for Ukraine consumers, with increases up to 300%.

Ukrtransgaz reported on Saturday that Hungary resumed natural gas transmissions to Ukraine after a three-month hiatus. FGSZ resumed reverse-mode gas transmission. Ukraine is said to be importing 2.7 million cubic meters per day.