Naftogaz raises price of natural gas for population

Source : 112 Ukraine

It is at 0.12 dollars/cubic meter with VAT and excluding the cost of distribution (delivery)
14:35, 5 August 2020

Price of natural gas for the population
Open source

In August, Naftogaz-Ukraine set the price of natural gas for the population at 0.12 dollars per cubic meter (increased the price by 1 cent). This was reported on the company’s official website.

The August price for natural gas for household customers of Naftogaz-Ukraine is 0.12 dollars/cubic meter with VAT and excluding the cost of distribution (delivery) under the ‘Monthly’ tariff. The gas price has increased by 0.01 dollars/cubic meter due to the fact that the market is in a season of high prices which usually comes with the approach of the heating season,” says the statement.

As we reported earlier, Ukraine's Ministry of Energy chose Naftogaz-Ukraine as the supplier of last resort in the natural gas market.

Related: US company wants to supply liquefied gas to Ukraine: 5.5 billion cubic meters annually for 20 years

The price offer of the company is 2 711 UAH (100,4 USD) per thousand cubic meters with VAT at a margin of 0%.

The supplier of "last resort" is a company that is obliged to supply gas to the consumer within 60 days if it is left without a supplier of the resource.

The head of the Naftogaz board said that a full-fledged launch of the natural gas market for the population and competition of suppliers would allow Ukrainian households to take full advantage of the low price of natural gas.

Related: Transit of Russian gas through Ukraine through TurkStream decreases by half


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