The document summarizes gas trade data in Ukraine and comparisons to gas trading in Germany. It reports that Ukraine's total cross-border gas trade volume was approximately 64.07 million cubic meters per day, with the largest volumes traded with Slovakia, Poland, and Hungary. Currency limitations and requirements for gas sale documentation in Ukraine create obstacles for gas trading that are not issues in the European gas trading market in Germany.

1. GAS TRADE IN UKRAINE
Obstacles and Limitations
Oksana Gantseva
Kyiv, 2016, KERI Conference

2. Cross-border gas trade
Use of cross-border transport capacities for now
Traded inside Ukraine:
SK-UA: 2,702 from 27 mmcm
PL-UA:3,931 from 5,5 mmcm
HU-UA: 2,436 from 15 mmcm
Ingenious production – 55 mmcm
Total trade volume: appr. 64,07 mmcm/day
Transited via Ukraine (not traded) – 186,8 from 260 mmcm

3. Gas trade on EU-UA border
(mmcm/day) (12/04/16)
0
5
10
15
20
25
30
SK-UA PL-UA HU-UA
Total available capacities
Total used capacities

4. NetConnect Germany trade in
1st
quarter 2016
 181440 (H-Gas) + 28560 GWh (L-Gas) –
March – appr. 667 mmcm/day
 181707 (H-Gas) + 38734 GWh (L-Gas) –
February – appr. 700 mmcm/day
 176 531 (H-Gas) + 31 910 GWh (L-Gas) –
January – appr. 660 mmcm/day

5. Comparison of the gas trade
volume in UA and NCG VTP
0
100
200
300
400
500
600
700
800
Import+Production_UA NCG_Jan16 NCG_Feb16 NCG_March16
market
mmcm/day
Ряд1

6. Currency limitations in UA
 Binding sale of 75% currency income
 Currency control (90 days, original
Acceptance Reports)
 Difficulties with currency purchase for
trading activity

7. Gas sale documentation after
completion of delivery (UA)
 Acceptance report between Shippers
on the basis of measured quantity
(does not allow to resell imported
quantity before clearance)
 Package of documents between
Shipper and TSO, incl. imbalance
settlement

8. Gas acceptance in EU

9. THANK YOU

10. THANK YOU