Ukraine’s fuel reserves at 9.5 billion cubic metres, manufacturing continues, prime minister says

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March 12 (Reuters) – Ukraine’s fuel reserves quantity to 9.5 billion cubic meters (bcm) with manufacturing persevering with in any respect amenities besides at vegetation in areas the place preventing is going down, Prime Minister Denys Shmygal mentioned late on Saturday.

Imports proceed from Hungary, Slovakia and Poland, Shmygal mentioned in a video handle.

Earlier than Russia’s invasion, Ukraine consumed round 30 bcm of fuel per yr, producing 20 bcm and importing the remaining volumes from Europe.

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Ukraine used to import Russian fuel however switched to European vitality in November 2015 after Russia’s annexation of the Ukrainian Crimea peninsula in 2014 and the outbreak of warfare in jap Ukraine.

Individually, Shmygal mentioned that fifty.8 billion hryvnia ($1.74 billion) was transferred to the price range reserve fund from applications that can’t be applied in wartime.

“Such a choice permits for operational wants of the safety and defence sector,” he added.

($1 = 29.2500 hryvnias)

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Reporting by Lidia Kelly;
Enhancing by Sandra Maler

Our Requirements: The Thomson Reuters Belief Ideas.



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