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Does Ukraine have more gas storage capacity than other EU countries?

Ukraine has more gas storage capacity than any country in the EU, a legacy of its role as a crucial transit country for Russian supplies © Vincent Mundy/Bloomberg Simply sign up to the EU energy myFT Digest -- delivered directly to your inbox.

How much energy does Ukraine use?

Its primary energy supply was 93 Mtoe in 2018, corresponding to around 90% of Poland’s consumption. Ukraine’s energy mix is relatively diversified, with no fuel representing more than 30% of the energy mix. In 2018, the share of coal (the country’s primary fuel) dropped to 30%, followed closely by natural gas (28%) and nuclear (24%).

How much gas does Ukraine use a year?

Ukraine’s total annual gas consumption peaked at more than 120 bcm in 1990 and exceeded 50 bcm as recently as 2012, but due to a series of energy efficiency measures and ongoing conflict with Russia since 2014, domestic gas demand dropped to 26 bcm by 2021.

Does Russia destroy Ukraine's energy sector?

"Russia destroyed Ukraine's energy sector, so it's being rebuilt green". Washington Post. ISSN 0190-8286. Retrieved 2024-07-16. ^ "Strengthening Ukraine's Electricity System | CSIS Events". Retrieved 2024-11-21. ^ a b "Ukraine Energy Profile" (PDF). ^ "Share of electricity production from hydropower". Our World in Data.

What is Ukraine's energy policy?

Ukraine has a diversified energy mix, and no fuel takes up more than a third of the country’s energy sources. Most gas and oil is imported, but since 2015 energy policy has prioritised diversifying energy supply. The coal industry has been disrupted by war, and as of 2024 over 70% of electricity generation is nuclear.

Could Ukraine become an energy bank?

Meanwhile, the CEO of Naftogaz (the parent company of Ukrtransgaz) recently offered 10 bcm of storage capacity to the EU and suggested that Ukraine could become an “energy bank” for Europe. De-risking the use of Ukrainian storage could improve energy security both in the EU and within Ukraine itself.

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