Naftogaz “ready to support” biomethane investment in Ukraine

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Naftogaz Group is ready to support investment in expanding the production of biomethane, promote its transportation, and has plans to buy up biomethane from Ukrainian producers, according to Ukrinform.
A statement was made by Naftogaz Group CEO Oleksiy Chernyshov at the opening of the First Ukraine Biomethane Forum, reported the publication.
“We are confident in the enormous export potential of biomethane. We confirm our intentions in terms of supporting increased production and investment in it. We are also ready to provide our transportation and gas storage system. And, undoubtedly, Naftogaz declares its ambition to buy up the biomethane volumes that can be produced in Ukraine,” said Chernyshov.
According to expert analysis, the country has the potential to produce over 20 billion cubic meters of biomethane each year.
“Biomethane production is a natural step of our state towards green energy with the awareness of the resources we already have, such as a developed infrastructure for gas storage, transportation within the state and for export purposes, powerful agricultural production. These factors are making Ukraine the future leader in biomethane production in Europe,” added the CEO.

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