Ukraine has reduced gas imports and stopped its supplies through Hungary.

Since April 1, Ukraine has significantly reduced gas imports and stopped its supplies, in particular, via the Hungarian route through the Beregovo gas transmission point. This was reported on April 1 by RBC-Ukraine.

"Deliveries were stopped according to plan because there were no nominations. Shipments through Hungary, as well as through Slovakia and Romania, were stopped due to the fact that merchants did not plan them in these directions," the publication says.

It is noted that as of April 1, no applications for gas supplies are reserved only through Poland in the amount of 0.78 million cubic meters, which is 3% of the daily volumes in March. The lack of applications may be due to an increase in gas prices in Europe by almost 60% in a month — the cost exceeded $600 per thousand cubic meters against the background of the US and Israeli military operation in Iran.

In March, Ukraine imported an average of 23-24 million cubic meters of gas per day, most purchases were made at February prices. The country ended the winter with gas reserves several times higher than a year earlier.

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The average level of underground gas storage (UGS) reserves in Europe dropped to 28.14% on March 28, which turned out to be 13 percentage points lower than the five-year average. It is noted that Europe is trying to compensate for the shortage of pipeline gas by importing liquefied natural gas.

Gazprom CEO Alexey Miller said on March 30 that the level of gas reserves in the underground storage facilities of the European Union (EU) can be described as critically low for modern Europe. He assumes that reserves in European underground gas storage facilities (UGS) may not reach 70% by the beginning of next season.

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