Estimates of the required volume of imports range from 2 to 3 billion cubic meters in the first quarter of 2022. But now there is no money for its purchase from Naftogaz, which means the state should allocate it from the state budget.. About this in my article for ZN. UA written by Andriy Kobolev, ex-head of the board of NJSC Naftogaz of Ukraine - " What will happen to the gas?

As the author notes, even under the optimistic scenario, Naftogaz will not be able to ensure sufficient gas imports to cover daily deficits, since the company was left without cash and can no longer even pay current taxes.. Accordingly, only the state can provide money for gas imports..

However, the price of such imports is difficult to predict (it will continue to fluctuate in a wide range under the influence of two factors - the weather and decisions in the Kremlin;

LNG supplies to the European market will form the upper limit of the function - when it is reached, gas will be redirected from Asia to Europe and extinguish price peaks, but it will not be able to return the price to the pre-crisis level), but Naftogaz will have to buy at any price, even if it again.

Thus, the state will have to find from 2 to 6 billion dollars in one form or another to support the largest state-owned company..

Kobolev also listed the reasons why Ukraine will be forced to import gas at the beginning of 2022..

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Other articles by Andrey Kobolev can be found here.