Ukraine’s largest natural gas producer UkrGasVydobuvannya (UGV) has increased annual gas extraction by about 700 million cubic meters in 2023, with an 11% boost in the daily flow rate, CEO Oleg Tolmachev said on Jan. 31. State-owned Naftogaz Group owns 100% of UkrGasVydobuvannya shares.
Lake Kariba water levels have been rising steadily from localised rains, doubling 2023 levels over the same period, raising hopes of increased water available f.
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Russian fossil fuel giant Gazprom has lost $11 billion for the 2023 fiscal year, and is set to lose even more as a gas transit agreement to Europe via Ukraine expires, Danil Getmantsev, chair of the Committee on Finance, Taxation and Customs Policy of the Ukrainian parliament, said on Telegram on Jan. 15.