Naftogaz has to reduce the price of gas for the population in July by 265 UAH – the Cabinet of Ministers

The Cabinet of Ministers ordered NJSC Naftogaz of Ukraine to lower the price of natural gas for the population by 265 UAH per thousand cubic meters in August. 

“NJSC Naftogaz of Ukraine, according to the Prime Minister’s order, has to reduce price for the population in August by 265 UAH per thousand cubic meters”, the message says.

According to the order No.293 of June 3, Naftogaz is obliged to sell gas to the population at the lowest price on one of four sites:

The Ministry of Economic Development – average customs value of imported gas is 4812 UAH per thousand cubic meters excluding VAT.

 The Ukrainian Energy Exchange – gas for Aufust in July was sold at a price of 4654 UAH per thousand cubic meters excluding VAT.

Naftogaz – gas for industry on prepayment conditions, established for August, 4640 UAH per thousand cubic meters excluding VAT. Or at the price of PSO, in accordance with the resolution of the Cabinet of Ministers of Ukraine No.867, which is calculated in the amount of 7185 UAH per thousand cubic meters excluding VAT for July.

The lowest price was in Naftogaz.  Therefore, the price of gas in August for the population, excluding VAT, without transportation and supply tariffs, will be 4640 UAH per thousand cubic meters, which is less by 265 UAH than the price in July – 4905 UAH.

Tags: The Cabinet of Ministers, gas, Naftogaz, contracts, tariffs, legislation, gas production, Groysman

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