Ukraine cuts daily gas imports to 0.8 million cubic meters

Ukraine cut gas imports to 0.8 million cubic meters on Wednesday as the Iran war drove up European prices. High storage levels allow for domestic reliance.

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Ukraine has significantly reduced its Natural Gas imports as of April 1, with analysts forecasting that volumes will remain low throughout the month. This shift is largely dependent on whether prices in the European market decrease. The global energy sector has recently been pressured by conflict in Iran, which has caused a spike in prices for both gas and Brent Crude Oil.

A vehicle transporting a generator drives past a gas station with increased fuel prices in Kyiv during the ongoing conflict with Russia. REUTERS/Alina Smutko
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