18.04.2024

The cost of natural gas on European hubs (Day-ahead):

TTF – 31.80 EUR/MWh ($359) (-6.2%)

THE – 31.80 EUR/MWh ($359) (-5.6%)

CEGH – 33.63 EUR/MWh ($379) (-1.3%)

PEG – 31.01 EUR/MWh ($350) (-6.5%)

The cost of natural gas on European hubs (Futures Month May):

TTF – 31.30 EUR/MWh ($353) (-5.7%)

THE – 31.39 EUR/MWh ($354) (-5.6%)

CEGH – 32.32 EUR/MWh ($365) (-4.7%)

PEG – 30.96 EUR/MWh ($349) (-6.0%)

Results of natural gas purchase from domestic production by the Naftogaz Group:

April 2024

Volume - 0 million cm

Total purchased since April 26, 2023 - 1 226.0 million cm

Ecology and gas production

08/06/21

The Executive Director of the Association Artem Petrenko took part in the All-Ukrainian Forum "Ukraine 30. Ecology", which was held under the auspices of the President of Ukraine.

During his speech, Artem Petrenko noted the following:

"Oil and gas companies responsibly adhere to the requirements of environmental legislation. In the three and a half years since the Law of Ukraine “On Environmental Impact Assessment” became operative, gas producers have prepared 564 Environmental Impact Assessment reports. This is one of the highest rates compared to other sectors of the economy."

Artem Petrenko emphasized the fact that all of the Association companies are actively implementing environmental technologies in production, in particular the method of pitless drilling of new gas wells, which minimizes the impact on the environment. It envisages a closed cycle of water supply, processing of waste into secondary raw materials, deep purification of drilling mud, etc. As a result, according to the Ukrainian Registry of carbon units, the share of CO2 emissions in the oil and gas sector is 1.1%. For comparison, energy is more than 50%, transport is a little more than 20%.

The industry supports Ukraine's policy of decarbonisation. But to address this issue, a number of important legislative initiatives are to be implemented, in particular the issue of dealing with CO2 emissions in extracted natural gas.

You can get acquainted with Artem Petrenko's presentation by clicking the link: https://bit.ly/3x6biXv

 

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