Publications
Survey of Energy Resources 2007
Natural Gas Country Notes
|
Proved recoverable reserves (bcm) |
787 |
|
Production (net bcm, 2005) |
20.5 |
|
R/P ratio (years) |
38.4 |
The Ukrainian WEC Member Committee reports that proved recoverable reserves were 787 bcm at end-2005, within a proved amount in place of 1 021 bcm. The available published sources (Cedigaz, Oil & Gas Journal and BP) all show proved recoverable reserves between 1 100 and 1 121 bcm, appreciably higher than the latest reported figure. Gas associated with crude oil was stated to account for only about 3% of the proved reserves.
Over and above the proved quantities, the WEC Member Committee estimates that there was about 357 bcm of gas in place, of which around 169 bcm was likely to be recoverable.
Ukraine's output of natural gas has been virtually flat since 1994, although production in 2004-2005 was on a somewhat higher level. The republic is one of the world's largest consumers of natural gas: demand reached 137 bcm in 1990. Although consumption had fallen back to about 76 bcm by 2005, indigenous production met only 27% of local needs; the balance was imported from Russia and Turkmenistan. The principal areas of consumption are households, industry and the generation of electricity and bulk heat.
