Ukraine to be energy independent by 2020Staff Writer | November 11, 2016
Ukraine plansto produce gas amount by 50 million cubic meters more until the end of year, by 500 million cubic meters the following year, and by 2020 to achieve complete energy independence.
Energy Prime Minister of Ukraine Volodymyr Groysman:
"For the half of year we will have produced by 50 million cubic metres of gas more. Next year we will extract over 500 million cubic meters of gas in Ukraine. In 5 years up to 2020, we can boost gas production up to 7 billion cubic meters. It means that we will actually live on our own gas production," announced Volodymyr Groysman.
The Head of Government noted that a period of steady decline had been replaced by growing of the domestic gas extraction.
The Prime Minister stressed that Ukraine must produce its own gas, and it requires investment. PJSC UkrGasVydobuvannya has been working on it
The development of gas production in Ukraine is completely in line with the Government's priorities to achieve energy independence, said Volodymyr Groysman.
"Ukraine has to become energy independent. Gas production is among the Government’s priorities. In 3 to 5 years we will be able to enhance gas production and cut consumption of gas. This will enable us to reach total independence of imported gas," said the Prime Minister. ■