Ukraine in Arabic | Ukraine gas consumption could fall to 40 bcm

Ukrainian Prime Minister Arseniy Yatsenyuk said on Wednesday, April 15, the drop was because of the conflict in Ukraine's industrial heartland

Kiev/ Ukraine in Arabic/ Ukraine's gas consumption could fall to 40 billion cubic metres this year from 42.5 billion cubic metres last year Ukrainian Prime Minister Arseniy Yatsenyuk said on Wednesday, April 15. It's estimated that Ukraine consumed close to 42.5 billion cubic metres of gas in 2014, it produced about 20 billion cubic metres and imported the rest.

Ukrainian Prime Minister, Arseniy Yatsenyuk: "Within two years we will decrease the consumption of natural gas by 10 billion cubic metres. The general volume of consumption will be 40 billion cubic metres of gas." Yatsenyuk said the drop was because of the conflict in Ukraine's industrial heartland which had affected industrial firms that were big gas consumers. Yatsenyuk said Ukraine saved USD 3.4 billion in 2014 on purchases of Russian gas from Russia's Gazprom at a lower price than agreed in the 2009 Ukraine-Russian gas contracts.

Ukrainian Prime Minister, Arseniy Yatsenyuk: "Because of our tough legal and economic position, Russian Gazprom didn't receive the income it wanted from Ukrainian taxpayers to buy tanks and rockets in the amount of USD 3.4 billion. That's what this government together with Ukrainian people saved for the country and did not send this money to the aggressor state."

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