December 02, 2008

Ukrtransgaz increases gas transit volumes to Europe

According to the united supervision department, Ukrtransgaz increased the transit of natural gas through Ukraine to Europe by 23% YoY to 65.3 billion cubic meters in January to June 2008.

The gas transit growth was caused by the growth in export supplies to European countries by Gazprom to ensure an increasing consumption of natural gas by European states, the company's press service told.

According to the company, the record transit volumes once again confirmed that Ukrtransgaz is a reliable partner for Gazprom for the transportation of natural gas to European countries, while the Ukrainian route for gas transportation has substantial reserves.