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Ukraine's Dependence on Gas and Electricity Imports has Sharply Increased

... still purchasing gas of Russian origin (although this was not exactly a secret). Consequently, Kyiv attempted to mitigate the situation by signing agreements with the Azerbaijani company Socar for gas purchases to signal the availability of alternative ... ... reached 19.9 billion cubic meters, while production was around 18.1 billion cubic meters, notes Sergey Tereshkin, CEO of Open Oil Market. This year, Ukraine has further increased its dependence on imported gas. For instance, in February, imports surged twelvefold....