GAS EXTRACTION IN UKRAINE: CURRENT POSITION, PROBLEMS AND FUTURE DIRECTIONS IN THE ENERGY MARKET
DOI:
https://doi.org/10.31471/2409-0948-2021-2(24)-7-16Keywords:
gas, extraction, market, state, problems, prospects, NJSC "Naftogaz of Ukraine"Abstract
Abstract. The article is devoted to the current position and problems of gas extraction in Ukraine, and outlines the future leading directions in the gas market.
It has been found that in recent years Ukraine has produced 20 billion cubic meters of natural gas, which is significantly less than its production in 1975 (68 billion cubic meters). Today the largest share of natural gas production in Ukraine is carried out by JSC "UkrGasVydobuvannya” (about 70%), PJSC "Ukrnafta" (about 6%) and private enterprises (24%). Moreover, the main reasons for the reduction of gas extraction in Ukraine have been studied. Such reasons include: depletion of easily extracted gas reservoirs during the Soviet Union; lack of exploration, drilling, development of new deposits through the transfer of technical, technological and human resources for the development of deposits in western Siberia. In addition, during Ukraine's independence, along with political pressure from Russia's gas supply, no mechanisms have been launched to increase gas extraction in Ukraine.
Taking into account modern realities, global challenges and threats to energy security, instability of prices on the world market, the need to increase the capacity of domestic gas extraction is substantiated. While considering the existing natural gas deposits in Ukraine, it could be argued that increasing our own production is quite achievable.
The paper also highlights the prospects for the development of gas production in Ukraine (including the involvement of foreign companies with their latest technologies for exploration of the reservoir) and gas market development in the context of the strategy "From the drilling company to the national energy services operator." Implementation of the action plan of Naftogaz of Ukraine to focus on customer needs; intensive exploration and development of new gas extraction sites; actively promoting the development of energy markets; involvement of professionals and partners; acquisition of new knowledge and technologies; entering new businesses and increasing operational efficiency will improve the situation on the gas market.
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