Reserves and consumption
Reserves
Ukraine’s natural gas reserves constitute 1.1 trillion cubic meters, 71% of which is licensed to PJSC Ukrgasvydobuvannya. Other State companies are licensed with 17% of the country’s proven gas reserves. The remaining 12% is shared among the private corporations and other JAs between private and State companies.
Consumption
In 2017 Ukraine's natural gas consumption made up 31.9 billion cubic meters (“bcm”), what represents a 3.9% decrease compared to the previous year.
The decrease in natural gas consumption is mainly caused by reduced consumption by population (incl. heating utilities), which dropped by 10.2% from 17.6 bcm to 15.8 bcm due to implementation of energy efficiency programs. Industrial consumers decreased consumption from 9.7 bcm to 9.1 bcm or by 6.2%, while technological losses increased from 3.8 bcm to 4.4 bcm or by 15.8% due to the increased gas transit from Russia in 2017.