Minister: Ukraine's proven natural gas reserves estimated at 950 bcm

“But we produce only 2% of this. Stepping up [the production] to 4% will give Ukraine 40 billion cubic meters of gas per year. Funds are needed to do this – and they have been allocated due to the increase in tariffs,” Nasalyk said. According to him, Ukraine will be able to completely stop importing gas as early as by 2020, as foreseen by the government’s programmes.